CDK Global Inc (CDK) Releases Earnings Results, Reports EPS of $0.49 EPS

CDK Global Inc (CDK) reported quarterly earnings results on Wednesday, Aug-3-2016. The company reported $0.49 EPS for the quarter. Analysts had a consensus estimate of $0.49. The company posted revenue of $542.20 million in the period, compared to analysts expectations of $533.84 million. The company’s revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS.

CDK Global Inc closed down -1.29 points or -2.22% at $56.81 with 12,39,164 shares getting traded on Tusday. Post opening the session at $58.25, the shares hit an intraday low of $56.74 and an intraday high of $58.61 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Jun 2, 2016, Robert N. Karp (VP & President, ARNA) sold 27,573 shares at $55.12 per share price.

CDK Global Inc. is a global provider both integrated technology and digital marketing/advertising solutions to the automotive retail industry. The Company’s solutions automate and integrate critical workflow processes from pre-sale targeted advertising and marketing campaigns to the sale financing insurance parts supply repair and maintenance of vehicles with an increasing focus on utilizing big data analytics and predictive intelligence. The Company’s solutions address the entire automotive retailers’ value chain. The Company operates in three segments: Automotive Retail Solutions North America (North American Automotive Retail) Automotive Retail Solutions International (International Automotive Retail) and Digital Marketing Solutions (Digital Marketing).

CDK Global Inc

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