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AutoNation: Q2 Earnings Snapshot
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FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — AutoNation Inc. (AN) on Friday reported second-quarter earnings of $182.1 million.

The Fort Lauderdale, Florida-based company said it had net income of $5.39 per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were $5.56 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $5.43 per share.

The auto retailer posted revenue of $6.93 billion in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $6.97 billion.

AutoNation shares have risen 4% since the beginning of the year, while the S&P's 500 index has risen roughly 9%. The stock has risen 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AN at https://www.zacks.com/ap/AN

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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