IAA: Q3 Earnings Insights

Shares of IAA IAA fell 0.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 17.14% over the past year to $0.41, which beat the estimate of $0.32.

Revenue of $338,000,000 declined by 9.94% year over year, which beat the estimate of $327,730,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

IAA hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Nov 02, 2020

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.iaai.com%2F&eventid=2628362&sessionid=1&key=B6B413DF87D7BFE3F3100F5E3B82DB86&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $59.30

Company's 52-week low was at $21.79

Price action over last quarter: Up 21.91%

Company Profile

IAA Inc provides auction solutions for total loss, damaged and low-value vehicles. It facilitates the selling and purchasing of vehicles from a variety of resources, including insurance carriers, used-vehicle dealers, rental car and fleet lease companies, dealerships and more. The Company operates in two reportable segments: United States and International out of which the United States derives majority revenue.