What Analyst Projections for Key Metrics Reveal About AutoNation (AN) Q3 Earnings

Core Insights - AutoNation (AN) is expected to report quarterly earnings of $4.53 per share, reflecting a year-over-year decline of 18.2% [1] - Anticipated revenues are projected at $6.76 billion, showing a decline of 1.9% compared to the same quarter last year [1] - The consensus EPS estimate has been revised upward by 0.2% in the past 30 days, indicating analysts' reassessment of their initial estimates [1] Revenue Projections - 'Revenue- Other' is expected to reach $6.30 million, indicating a year-over-year increase of 3.3% [2] - 'Revenue- New Vehicle' is projected at $3.16 billion, reflecting a decline of 0.8% year-over-year [2] - 'Revenue- Used Vehicle' is anticipated to be $2.00 billion, showing an 8% decrease from the prior year [2] - 'Revenue- Parts and Service' is expected to reach $1.23 billion, indicating a year-over-year increase of 6.6% [2] Unit Sales and Profitability Metrics - Total retail unit sales are forecasted to be 133,057, down from 134,806 in the same quarter last year [3] - Revenue per vehicle retailed for new vehicles is expected to be $49,865.59, down from $51,174 year-over-year [3] - Revenue per vehicle retailed for used vehicles is projected at $26,718.89, compared to $27,926 in the same quarter last year [3] - Gross profit per vehicle retailed for finance and insurance is expected to be $2,722.11, down from $2,741 year-over-year [3] - Unit sales for used vehicles retail are projected at 70,008, down from 72,517 in the same quarter last year [3] Additional Metrics - The consensus estimate for new vehicle retail unit sales stands at 63,049, slightly up from 62,289 in the same quarter last year [4] - Gross profit per vehicle retailed for used vehicles is expected to be $1,582.39, down from $1,746 year-over-year [4] - Gross profit per vehicle retailed for new vehicles is projected at $2,781.01, down from $4,025 in the previous year [4] Market Performance - AutoNation shares have returned -7.3% over the past month, contrasting with the Zacks S&P 500 composite's +2.8% change [4] - The company holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market in the near future [4]