AutoNation (AN) Tops Q1 EPS by 3c

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Go back to AutoNation (AN) Tops Q1 EPS by 3c

AutoNation Reports First Quarter 2016 Results

April 22, 2016 7:00 AM EDT

FORT LAUDERDALE, Fla., April 22, 2016 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today reported first quarter 2016 net income from continuing operations of $96 million, or $0.90 per share, compared to net income from continuing operations of $112 million, or $0.97 per share, for the same period in the prior year. Net income from continuing operations for the first quarter of 2016 was negatively impacted by approximately $6.8 million after-tax, or $0.06 per share, consisting of hail-related expenses of approximately $3.6 million after-tax, or $0.03 per share, and a shift of approximately $3.2 million after-tax, or $0.03 per share,... More