AutoNation Q3 2024 Adj EPS $4.02 Misses $4.38 Estimate, Sales $6.59B Miss $6.71B Estimate
Portfolio Pulse from Benzinga Newsdesk
AutoNation's Q3 2024 earnings and sales missed analyst estimates, with EPS at $4.02 versus the expected $4.38, and sales at $6.59 billion versus the expected $6.71 billion. Both figures also show a decline compared to the same period last year.
October 25, 2024 | 11:00 am
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AutoNation's Q3 2024 earnings per share of $4.02 missed the analyst estimate of $4.38, marking a significant 27.44% decrease from last year. Sales also fell short at $6.59 billion, down 4.45% from the previous year.
The earnings and sales figures both missed analyst expectations, which is likely to negatively impact the stock price in the short term. The significant year-over-year decline in EPS and sales further supports a negative outlook.
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IMPORTANCE 90
RELEVANCE 100