AutoNation Inc. shares have delivered a 27% total return since my Strong Buy recommendation on November 21, 2023. The company has experienced a challenging 2024 but is likely to return to growth in 2025. The stock remains attractively valued vs the broader market and trades at a reasonable valuation relative to peers.
ASH, ARW and AN have been added to the Zacks Rank #5 (Strong Sell) List on November 18, 2024.
CNBC's Phil LeBeau reports on Black Friday for auto dealers.
AN's third-quarter earnings and revenues miss the Zacks Consensus Estimate and decline year over year.
AutoNation, Inc. (NYSE:AN ) Q2 2024 Earnings Call Transcript October 25, 2024 9:00 AM ET Company Participants Derek Fiebig - Vice President of Investor Relations Mike Manley - Chief Executive Officer and Director Tom Szlosek - Executive Vice President and Chief Financial Officer Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Michael Ward - Freedom Capital Jeff Lick - Stephen Colin Langan - Wells Fargo Douglas Dutton - Evercore ISI Operator Good morning. My name is Harry, and I'll be your conference operator today.
While the top- and bottom-line numbers for AutoNation (AN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
AutoNation (AN) came out with quarterly earnings of $4.02 per share, missing the Zacks Consensus Estimate of $4.48 per share. This compares to earnings of $5.54 per share a year ago.
The automotive retailer falls short on quarterly earnings and sales.
AutoNation is still feeling the impact of a recent dealership-software outage.
Get a deeper insight into the potential performance of AutoNation (AN) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
AutoNation (AN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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