Core Insights - AutoNation (AN) is expected to report quarterly earnings of 6.64 billion, down 1.8% from the previous year [1] Earnings Estimates and Revisions - Over the last 30 days, the consensus EPS estimate has been revised upward by 1.5%, indicating analysts' reassessment of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts project 'Revenue- Other' to reach 3.29 billion, indicating a decrease of 2.2% from the prior year [5] - 'Revenue- Used Vehicle' is expected to be 1.21 billion, reflecting a 5.9% increase from the previous year [6] Unit Sales and Profit Metrics - Total retail unit sales are forecasted to reach 128,985, up from 125,623 in the same quarter last year [6] - 'Revenue per Vehicle retailed - New Vehicle' is expected to be 52,000 year-over-year [6] - 'Revenue per Vehicle retailed - Used Vehicle' is projected at 27,338 in the same quarter last year [7] - 'Gross profit per vehicle retailed - Finance and insurance' is estimated at 2,674 year-over-year [7] - 'Gross profit per Vehicle retailed - New Vehicle' is expected to be 3,653 year-over-year [9] Market Performance - Over the past month, AutoNation shares have increased by 12.3%, outperforming the Zacks S&P 500 composite, which saw a 2.1% change [10] - AutoNation holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the upcoming period [10]
AutoNation (AN) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures