AutoNation Reports First Quarter 2016 Results
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Stifel Sees Recent Sell-Off in AutoNation (AN) as Overdone; Reaffirms 'Buy' Rating Following Q1 Report
April 22, 2016 8:14 AM EDTStifel is out with initial commentary on AutoNation (NYSE: AN) following Q1 results reported earlier Friday. The firm rates AutoNation at Buy with a price target of $55.
Analyst James Albertine believes the sell-off in AutoNation on Thursday was overdone. The analyst commented: As far as we can tell from ANs 1Q16 EPS release and live CEO television commentary this morning, the U.S. auto... More
AutoNation (AN) Tops Q1 EPS by 3c
April 22, 2016 7:02 AM EDTAutoNation (NYSE: AN) reported Q1 EPS of $0.96, ex-items, $0.03 better than the analyst estimate of $0.93. Revenue for the quarter came in at $5.1 billion versus the consensus estimate of $5.29 billion.
Mike Jackson, Chairman, Chief Executive Officer and President, said, "As we stated last quarter,... More
