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AutoNation(AN) - 2024 Q3 - Quarterly Results
2024-10-25 11:00
Exhibit 99.1 AutoNation Investor Contact: Derek Fiebig (954) 769-2227 fiebigd@autonation.com Media Contact: Lisa Rhodes Ryans (954) 769-4120 publicrelations@autonation.com AutoNation Reports Third Quarter 2024 Results • Q3 2024 EPS $4.61, adjusted EPS $4.02 • Strong Same Store New Vehicle unit sales growth of 2% • Record After-Sales gross profit of $558 million • AN Finance growth continues with $700 million in YTD originations FORT LAUDERDALE, Fla., (October 25, 2024) — AutoNation, Inc. (NYSE: AN), today r ...
AutoNation Reports Third Quarter 2024 Results
Prnewswire· 2024-10-25 10:58
Q3 2024 EPS $4.61, adjusted EPS $4.02 Strong Same Store New Vehicle unit sales growth of 2% Record After-Sales gross profit of $558 million AN Finance growth continues with $700 million in YTD originationsFORT LAUDERDALE, Fla., Oct. 25, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), today reported third quarter 2024 revenue of $6.6 billion, EPS of $4.61, and adjusted EPS of $4.02. Third quarter 2024 results were adversely impacted by the residual effects of the CDK outage in July, which reduced earnings ...
What Analyst Projections for Key Metrics Reveal About AutoNation (AN) Q3 Earnings
ZACKS· 2024-10-22 14:21
Wall Street analysts forecast that AutoNation (AN) will report quarterly earnings of $4.53 per share in its upcoming release, pointing to a year-over-year decline of 18.2%. It is anticipated that revenues will amount to $6.76 billion, exhibiting a decline of 1.9% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed thei ...
Earnings Preview: AutoNation (AN) Q3 Earnings Expected to Decline
ZACKS· 2024-10-18 15:05
AutoNation (AN) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 25, 2024, might help the stock move higher if these key numbers are better than e ...
AutoNation Announces Third Quarter 2024 Earnings Conference Call and Audio Webcast Scheduled for Friday, October 25, 2024
Prnewswire· 2024-10-07 20:15
FORT LAUDERDALE, Fla., Oct. 7, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), today announced that it will release its financial results for the third quarter ended September 30, 2024, on Friday, October 25, 2024, before the market opens. AutoNation management will discuss these results and other information regarding the Company during a conference call and audio webcast that same day at 9:00 a.m. Eastern Time.The conference call may be accessed by telephone at 833-470-1428 (Conference ID: 356177) or on ...
AutoNation (AN) Stock Falls 7.4% Since Q2 Earnings Miss
ZACKS· 2024-08-06 15:55
Shares of AutoNation, Inc. (AN) fell 7.4% since the company reported second-quarter 2024 results. It reported adjusted earnings of $3.99 per share, which decreased 37% year over year and missed the Zacks Consensus Estimate of $4.31. In the second quarter, revenues amounted to $6.48 billion, which missed the Zacks Consensus Estimate of $6.76 billion and declined from $6.89 billion reported in the second quarter of 2023.Key TakeawaysIn the reported quarter, new vehicle revenues were down 4.8% year over year t ...
Investors Flock to Auto Retail Stock as It Hits New Highs
MarketBeat· 2024-08-02 12:31
Investors have grown worried about the current state of the United States economy, especially now that the ISM Manufacturing PMI index has delivered a 21-month contraction. A reading of 46.8% for July makes it the worst reading in nearly two years. Markets figured that the promise of interest rate cuts from the Federal Reserve (the Fed) was insufficient to justify higher stock prices amid declining fundamentals.AutoNation TodayANAutoNation$183.98 -6.74 (-3.53%) 52-Week Range$123.81▼$197.18P/E Ratio8.72Price ...
AutoNation(AN) - 2024 Q2 - Quarterly Report
2024-08-01 20:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-13107 AUTONATION, INC. (Exact name of registrant as specified in its charter) Delaware 73-1105145 (State or other jurisdiction of ...
AutoNation(AN) - 2024 Q2 - Earnings Call Transcript
2024-07-31 16:32
AutoNation, Inc. (NYSE:AN) Q2 2024 Results Conference Call July 31, 2024 9:00 AM ET Company Participants Derek Fiebig - Vice President of Investor Relations Michael Manley - Chief Executive Officer Thomas Szlosek - Chief Financial Officer Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Douglas Dutton - Evercore Bret Jordan - Jefferies Danielle Hogan - Morgan Stanley Operator Good morning. Thank you for attending the AutoNation 2Q '24 Earnings Call. My name is Elissa, and I ...
AutoNation (AN) Misses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-31 13:05
AutoNation (AN) came out with quarterly earnings of $3.99 per share, missing the Zacks Consensus Estimate of $4.31 per share. This compares to earnings of $6.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.42%. A quarter ago, it was expected that this auto retailer would post earnings of $4.45 per share when it actually produced earnings of $4.49, delivering a surprise of 0.90%.Over the last four quarters, the company ha ...