AutoNation reported Q1 earnings of $4.49 EPS, meeting estimates, with $6.49B revenue up 1.4% YoY, and stock up $14.99.

AutoNation (NYSE:AN) reported Q1 earnings of $4.49 EPS, meeting consensus estimates, with a net margin of 3.79% and a return on equity of 48.76%. Revenue was $6.49 billion, up 1.4% YoY. The stock traded up $14.99 during Friday trading, hitting $175.37. After-sales gross profit increased 9% to $556 million, and new vehicle retail unit sales increased 7% in the quarter.

April 26, 2024
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