Investing.com - AutoNation (NYSE:AN) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AutoNation announced earnings per share of $1.41 on revenue of $44.53B. Analysts polled by Investing.com anticipated EPS of $0.18 on revenue of $3.7B.
AutoNation shares are up 0.45% from the beginning of the year and are trading at $48.85 , down-from-52-week-high.They are broadly in line with the EUR/USD which is down 0% from the start of the year.
AutoNation follows other major Services sector earnings this month
AutoNation's report follows an earnings missed by Netflix on Thursday, July 16, 2020, who reported EPS of $1.59 on revenue of $6.15B, compared to forecasts EPS of $1.82 on revenue of $6.08B.
AT&T had beat expectations on Thursday with second quarter EPS of $0.83 on revenue of $40.95B, compared to forecast for EPS of $0.79 on revenue of $41B.
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