AutoNation (AN) stock drops 5% following mixed Q2 results. Revenue missed expectations at $6.93B, while EPS beat estimates at $5.56.
AutoNation Inc.
(NYSE:AN) stock fell Friday after the automotive retailer reported second-quarter results that topped earnings estimates but missed Wall Street's revenue expectations.
AutoNation Revenue Declines Despite Earnings Beat Adjusted earnings rose to $5.56 per share, exceeding the analyst consensus estimate of $5.50.
Revenue fell 1% year over year to $6.93 billion, missing the Street estimate of $7.02 billion.
Gross profit declined 3% to $1.23 billion.
AutoNation, Inc (NYSE: AN) will release Q2 earnings on July 31. Analysts expect $5.46 EPS and $7B revenue. Stock fell 6.7%.…
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