UPDATE 2-AutoNation profit beats estimates as used-vehicle sales offset new-auto sales [Reuters]
AutoNation, Inc. (AN)
Last autonation, inc. earnings: 2/11 06:45 am
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Source: Reuters
AutoNation profit beats on higher used vehicle sales (Reuters) - AutoNation Inc ( AN.N The results come three months after the Fort Lauderdale, Florida-based company replaced its chief executive for the second time in July. AutoNation’s profits have been under pressure as U.S. new vehicle sales have weakened after showing strong growth since the end of the financial crisis of 2008. The company has been focusing on expanding offerings such as branded car parts and services, and finance and insurance products to boost profitability. New vehicle sales were down 6.4% to 74,190 units during the third quarter, while used vehicle volumes grew 5.2% to 63,581 units. The company’s earnings per share from continuing operations fell to $1.11 from $1.24, beating the average analyst estimate of $1.05, according to IBES data from Refinitiv. AutoNation in August warned it expected severance and other expenses paid to Liebert to “adversely impact” third-quarter earnings by an estimated 11 cents to 12
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News
- AutoNation, Inc. (NYSE: AN) had its price target lowered by analysts at Guggenheim from $190.00 to $189.00. They now have a "buy" rating on the stock.MarketBeat
- AutoNation Launched Its 8th Annual DRV PNK Across America Campaign to Help Drive Out CancerPR Newswire
- Should You Be Impressed By AutoNation, Inc.'s (NYSE:AN) ROE? [Yahoo! Finance]Yahoo! Finance
- AutoNation, Inc. (NYSE: AN) had its price target lowered by analysts at JPMorgan Chase & Co. from $190.00 to $180.00. They now have a "neutral" rating on the stock.MarketBeat
- AutoNation Surprises Former Professional Ballerina and Two-Time Breast Cancer Survivor with $25,000 Donation During "The Drew Barrymore Show"PR Newswire
AN
Earnings
- 10/25/24 - Miss
AN
Sec Filings
- 11/5/24 - Form 4
- 11/4/24 - Form 4
- 10/25/24 - Form 10-Q
- AN's page on the SEC website