Dealertrack Technologies Inc. (TRAK) reported second quarter adjusted EPS of $0.41 after the bell Monday, up from $0.37 in the previous year. The company also increased its full year 2014 adjusted EPS forecast to between $1.47 and $1.56, from prior expectations of $1.42 to $1.53.
Dealertrack Technologies gapped open sharply higher Tuesday and climbed throughout the middle portion of the session. Shares closed up by 7.32 at $46.40 on above average volume. The stock rose to its highest level since early May.
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