AutoNation (AN) Tops Q2 EPS by 3c

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Go back to AutoNation (AN) Tops Q2 EPS by 3c

AutoNation Reports All-Time Record Quarterly EPS from Continuing Operations

July 29, 2016 7:25 AM EDT

FORT LAUDERDALE, Fla., July 29, 2016 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today reported second quarter 2016 net income from continuing operations of $112 million, or $1.08 per share, compared to net income from continuing operations of $115 million, or $1.00 per share, for the same period in the prior year.

Mike Jackson, Chairman, Chief Executive Officer and President, said, "We achieved record EPS from continuing operations. We benefited from our opportunistic capital allocation strategy, including acquisitions and share repurchase, and we began to see the results of adjusting our cost structure... More