AutoNation Q2 EPS $3.20 Misses $4.23 Estimate, Sales $6.48B Miss $6.72B Estimate
Portfolio Pulse from Benzinga Newsdesk
AutoNation (NYSE:AN) reported Q2 earnings per share (EPS) of $3.20, missing the analyst estimate of $4.34 by 26.27%. Sales were $6.48 billion, below the $6.72 billion estimate and down 5.95% from the same period last year.
July 31, 2024 | 11:02 am
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AutoNation reported Q2 EPS of $3.20, missing the analyst estimate of $4.34 by 26.27%. Sales were $6.48 billion, below the $6.72 billion estimate and down 5.95% from the same period last year.
The significant miss on both EPS and sales compared to analyst estimates, along with a year-over-year decline, is likely to negatively impact AutoNation's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100