AutoNation (AN) Misses Q3 EPS by 1c

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AutoNation Reports Record Third Quarter EPS from Continuing Operations

October 30, 2018 7:30 AM EDT

FORT LAUDERDALE, Fla., Oct. 30, 2018 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today reported third quarter 2018 net income from continuing operations of $112 million, or $1.24 per share. Third quarter 2017 net income from continuing operations totaled $98 million, or $1.00 per share. 

Same-store third quarter 2018 gross profit of $838 million increased by 2% compared to $824 million in the year-ago period, driven by the strength in Customer Care gross profit, used vehicle gross profit, and Customer Financial Services gross profit. 

AutoNation and the Future of Automotive AutoNation's forward-looking strategy continues to invest in emerging... More