AN Stock Recent News

AutoNation is a major automotive retail company in the US, generating revenue from vehicle sales, parts, services, and finance products. Recent financial results show mixed performance, with revenue holding steady but net income and cash flow declining. Despite challenges, the company is expected to report improved adjusted earnings for the second quarter of 2024, potentially driving additional upside for shareholders.

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.

AutoNation stock presents with exceptional economic characteristics despite trading at

AutoNation's (AN) overall financial condition seems to be immune to the recent cyberattack on software provider CDK Global.

AutoNation disclosed on Monday its bottom line for the second quarter will show a negative impact from CDK Global's recent widespread software outage.

FORT LAUDERDALE, Fla. , July 15, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), today announced that it will release its financial results for the second quarter ended June 30, 2024, on Wednesday, July 31, 2024, before the market opens.

AutoNation (AN) has cut its quarterly earnings guidance in the wake of a cyberattack on software provider CDK Global last month, the company said Monday in Securities and Exchange Commission (SEC) filing.

Earnings per share for the car dealer will be about $1.50 lower for the June quarter because of the cyberattack.

U.S. auto retailer AutoNation said on Monday it expects a $1.50 per share hit to its second-quarter profit due to the disruptions caused by a cyberattack at retail technology provider CDK in June, a crucial selling period for car dealers.

There are three main drivers of a stock's return: growth, the change in price-to-earnings (P/E) multiple and capital return. While investors often focus on the growth angle, an upward rating in multiple can also be a significant return driver for bargain stocks.