AN Stock Recent News
AN LATEST HEADLINES
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.
FORT LAUDERDALE, Fla. , July 3, 2024 /PRNewswire/ -- As the demand for skilled workers continues to rise, AutoNation, Inc. (NYSE:AN), a provider of personalized transportation services, has announced a new strategic partnership with the U.S. Army through the Partnership for Your Success (PaYS) program to provide soldiers with career pathways in the automotive industry following their military service.
Software company CDK Global said it has managed to bring a batch of U.S. car dealerships back on to its system after a cyberattack severely disrupted their operations last week, raising hopes the issue can soon be resolved.
CarMax (KMX) reports earnings tomorrow morning. LikeFolio's Landon Swan discusses what to watch when CarMax reports.