AutoNation (AN) Tops Q3 EPS by 4c

AutoNation (NYSE: AN) reported Q3 EPS of $0.90, $0.04 better than the analyst estimate of $0.86. Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $4.8 billion.

AutoNation's retail new vehicle unit sales increased 9% overall and 7% on a same store basis, and retail used vehicle unit sales increased 7% overall and 6% on a same store basis.

Mike Jackson, Chairman and Chief Executive Officer, said, "AutoNation delivered its 16th consecutive quarter of double-digit year-over-year growth in EPS. This quarter we set another record for the highest ever quarterly EPS from continuing operations. As we look to 2015, we expect continued growth in new vehicle unit sales, with 2015 industry new vehicle sales above 17 million units."

For earnings history and earnings-related data on AutoNation (AN) click here.

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