Investing.com - AutoNation (NYSE:AN) reported on Monday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AutoNation announced earnings per share of $0.91 on revenue of $4.67B. Analysts polled by Investing.com anticipated EPS of $0.77 on revenue of $4.75B. That with comparison to EPS of $1.04 on revenue of $4.98B in the same period a year before.AutoNation had reported EPS of $1.31 on revenue of $5.55B in the previous quarter.Analysts are expecting EPS of $0.11 and revenue of $3.52B in the upcoming quarter.
AutoNation shares are down 21.2% from the beginning of the year and are trading at $38.32 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.
AutoNation follows other major Services sector earnings this month
AutoNation's report follows an earnings missed by Amazon.com on Thursday, April 30, 2020, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.
Visa A had beat expectations on Thursday, April 30, 2020 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.
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