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Openlane Shares Rise After Q2 Adjusted EPS, Revenue Beat Estimates
Openlane (OPLN) shares were up 1.2% in early Tuesday trading after the company posted higher Q2 results that topped analysts' estimates and raised its full-year guidance.The company reported Q2 adjusted earnings Tuesday of $0.40 per share, up from $0.33 a year earlier.Analysts polled by FactSet expected $0.35.Operating revenue for the quarter ended June 30 was $554.6 million, up from $481.7 million a year earlier.Analysts expected $525.7 million.The company said it now expects 2026 adjusted EPS of $1.40 to $1.50, up from the previous guidance of $1.28 to $1.42. Analysts expect $1.40.Price: $41.72, Change: $+0.50, Percent Change: +1.22%
$OPLN
