Investing.com - AutoNation (NYSE:AN) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AutoNation announced earnings per share of $6.48 on revenue of $6.87B. Analysts polled by Investing.com anticipated EPS of $6.14 on revenue of $7.02B.
AutoNation shares are up 4.56% from the beginning of the year and are trading at $118.76 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
AutoNation shares lost 2.80% in pre-market trade the report.
AutoNation follows other major Consumer Discretionary sector earnings this month
AutoNation's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $2.27 on revenue of $16.93B, compared to forecasts EPS of $1.86 on revenue of $16.52B.
Nike had beat expectations on Monday, June 27, 2022 with fourth quarter EPS of $0.9 on revenue of $12.23B, compared to forecast for EPS of $0.8015 on revenue of $12.06B.
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