(Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the quarterly period ended March 31, 2024 FORM 10-Q or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-13107 AUTONATION, INC. (Exact name of registrant as specified in its charter) Delaware 73-1105145 (State or other jurisdiction of ...

AutoNation, Inc. (NYSE:AN) Q1 2024 Earnings Conference Call April 26, 2024 9:00 AM ET Company Participants Derek Fiebig - Vice President of Investor Relations Michael Manley - Chief Executive Officer Thomas Szlosek - Chief Financial Officer Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Bret Jordan - Jefferies Douglas Dutton - Evercore Colin Langan - Wells Fargo Operator Welcome to the AutoNation First Quarter 2024 Conference Call. My name is Carla, and I will be coordinat ...

AutoNation (AN) reported $6.49 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.4%. EPS of $4.49 for the same period compares to $6.05 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $6.5 billion, representing a surprise of -0.15%. The company delivered an EPS surprise of +0.90%, with the consensus EPS estimate being $4.45.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

First Quarter 2024 Earnings Release April 26, 2024 ...

Exhibit 99.1 Investor Contact: Derek Fiebig (954) 769-2227 fiebigd@autonation.com • Revenue - totaled $6.5 billion, up $87 million compared to the year-ago period, as continued growth in After-Sales and increased New Vehicle revenue more than offset lower Used Vehicle revenue. ◦ New Vehicle Revenue – increased $47 million or 2% to $3.0 billion. ◦ Used Vehicle Revenue – decreased $37 million or 2% to $2.0 billion. ◦ After-Sales Revenue – increased $83 million or 8% to $1.2 billion. Media Contact: Lisa Rhodes ...

Wall Street analysts expect AutoNation (AN) to post quarterly earnings of $4.45 per share in its upcoming report, which indicates a year-over-year decline of 26.5%. Revenues are expected to be $6.5 billion, up 1.5% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 0.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a com ...

Investors should still proceed with caution when it comes to this company.Since the start of 2023, shares of Carvana (CVNA 0.29%) have skyrocketed nearly 1,400% (as of April 16). During that same time, the Nasdaq Composite index is up 52%. It would probably take you some time to find a better-performing stock in recent times. Even Nvidia, the best "Magnificent Seven" stock since the start of last year, has climbed only 500%.This puts Carvana in a league of its own. But before you rush to buy this unstoppabl ...

The market expects AutoNation (AN) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 26, 2024, might help the stock move higher if these key numbers are bette ...

While electric vehicles may be the future of mobility and transportation, an old industry is gaining significant relevance, thus driving the case for auto stocks to buy. Further, this fresh dynamic might not fade anytime soon.Fundamentally, one of the biggest challenges facing the EV sector is the ongoing price war. One could make the argument that certain enterprises are only trying to weed out the competition. But it also implies that the overall addressable market is simply not big enough for every playe ...

It has been about a month since the last earnings report for AutoNation (AN) . Shares have added about 6.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is AutoNation due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. AutoNation Q4 Earnings Beat Expectations, Declin ...