AutoNation Likely To Report Lower Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
AutoNation, Inc. (NYSE:AN) is expected to report lower Q2 earnings at $5.90 per share, down from $6.48 per share a year ago. The company's revenue is projected to be $6.74 billion. AutoNation shares fell 2.5% to close at $176.92 on Thursday. Recent price target changes by analysts show mixed views, with some seeing upside potential and others predicting a downside.
July 21, 2023 | 8:19 am
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AutoNation is expected to report lower Q2 earnings, which has led to a recent 2.5% fall in its shares. Analysts have mixed views on the company's future stock performance.
The expected lower Q2 earnings for AutoNation have likely contributed to the recent fall in its shares. The mixed views from analysts, with some predicting upside potential and others seeing a downside, indicate uncertainty about the company's future stock performance. This could potentially lead to increased volatility in the short term.
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