AN Stock Recent News

AutoNation NYSE: AN has reported its second quarter 2023 earnings results to end a tumultuous week in the stock market, sending the stock plummeting upon the release. Investors may be scratching their heads when seeing that all the KPIs (Key Performance Indicators) in the business came out all right, blowing past analyst expectations.

Although the revenue and EPS for AutoNation (AN) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

AutoNation (AN) came out with quarterly earnings of $6.29 per share, beating the Zacks Consensus Estimate of $5.83 per share. This compares to earnings of $6.48 per share a year ago.

AutoNation, Inc. (NYSE:AN) has delivered steady second-quarter revenue as sales of new vehicles made up for a sharp decline in used-car sales. The automotive retailer reported revenue of $6.9 billion for the three months to June 30, 2023, unchanged from a year earlier but ahead of the $6.7 billion expected by Wall Street analysts.

AutoNation Inc.'s stock AN, -2.51% rose 2% in premarket trade Friday, after the new and used car retailer posted better-than-expected second-quarter earnings. Fort Lauderdale, Fla.

U.S. auto retailer AutoNation posted better-than-expected revenue in the second quarter on Friday, as demand for new vehicles and aftermarket services offset the impact from falling used-vehicle sales.

These stocks currently belong to strong business industries and are worthy of investors' consideration heading into their quarterly reports on Friday, July 21.

Here is how AutoNation (AN) and Arhaus, Inc. (ARHS) have performed compared to their sector so far this year.

Markets eased slightly lower at midday on Wednesday. Palo Alto Networks and AutoNation both hit all-time record highs.

One of the biggest contributors to the 4% year-over-year rise in consumer prices was more expensive used cars and trucks. That's odd.