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OPENLANE, Inc.

OPENLANE, Inc. operates a digital marketplace for wholesale used vehicles in the United States, Canada, Continental Europe, and the United Kingdom. It has two segments: Marketplace and Finance. The Marketplace segment facilitates used-vehicle transfers, logistics, SaaS-based private-label remarketing, wholesale marketplaces, and ancillary services. The Finance segment provides floorplan financing, liquidity for customer trade-ins, and title services. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. It was incorporated in 2006 and is headquartered in Carmel, Indiana.

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OPLN

Copart Reports Earnings Tomorrow: What to Expect

Copart will report its quarterly earnings after the bell on Thursday, with analysts expecting revenue to grow 1.4% year on year, a slowdown from the 5.2% increase recorded in the same quarter last year. In its last report, the online vehicle auction company beat revenue expectations with $1.24 billion, up 2.1% year on year, and also exceeded EPS estimates. Analysts have generally reconfirmed their estimates over the past 30 days, though Copart has missed Wall Street's revenue estimates multiple times in the last two years. Among its peers in the business services and supplies segment, OPENLANE reported a 15.1% revenue increase, beating expectations by 4.4%, while RB Global saw revenues up 11.1%, topping estimates by 6.8%; both stocks fell after their results. Copart shares have risen 10.8% over the past month, and the average analyst price target stands at $41, compared to the current share price of $32.80.
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OPENLANE shares jump 8.2% on raised 2026 EBITDA guidance

OPENLANE shares rallied 8.2% in the last trading session to close at $42.90 on heavy volume. The move came after the company raised its full-year 2026 adjusted EBITDA guidance to a range of $365 million to $385 million, up from the prior outlook of $350 million to $370 million, citing strong momentum in both the dealer and commercial elements of its Marketplace segment. The used and salvaged vehicle auctioneer is expected to report quarterly earnings of $0.31 per share on revenues of $521.51 million. The stock currently carries a Zacks Rank of 3, or Hold.
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