WASHINGTON (dpa-AFX) - AutoNation Inc. (AN) revealed a profit for first
quarter that decreased from the same period last year but beat the Street
estimates.
The company's earnings totaled $190.1 million, or $4.49 per share. This
compares with $288.7 million, or $6.07 per share, in last year's first quarter.
Analysts on average had expected the company to earn $4.27 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 1.4% to $6.49 billion from $6.40
billion last year.
AutoNation Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $190.1 Mln. vs. $288.7 Mln. last year.
-EPS (Q1): $4.49 vs. $6.07 last year.
-Revenue (Q1): $6.49 Bln vs. $6.40 Bln last year.
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