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AutoNation Inc. (AN) announced a profit for its second quarter that rose from last year.


RTTNews | Jul 19, 2021 07:02AM EDT

07:02 Monday, July 19, 2021 (RTTNews.com) - AutoNation Inc. (AN) announced a profit for its second quarter that rose from last year.

The company's profit came in at $384.8 million, or $4.83 per share. This compares with $279.8 million, or $3.18 per share, in last year's second quarter.

Excluding items, AutoNation Inc. reported adjusted earnings of $384.9 million or $4.83 per share for the period.

Analysts had expected the company to earn $2.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 54.1% to $6.98 billion from $4.53 billion last year.

AutoNation Inc. earnings at a glance:

-Earnings (Q2): $384.9 Mln. vs. $123.9 Mln. last year.-EPS (Q2): $4.83 vs. $1.41 last year.-Analysts Estimate: $2.58-Revenue (Q2): $6.98 Bln vs. $4.53 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3209889/autonation-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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