AutoNation (AN) Misses Q3 EPS by 31c, Misses on Revenue

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AutoNation Reports Record Third Quarter EPS

October 27, 2022 6:59 AM EDT

Third quarter 2022 GAAP EPS was a third-quarter record $6.31, an increase of 23% year-over-year, and adjusted EPS was $6.00, an increase of 17% year-over-yearThird quarter 2022 revenue was $6.7 billion, an increase of 4% compared to the same period a year ago despite lower industry sales of new and used unitsThird quarter 2022 operating income was $523 million, an increase of 4% as compared to the same period a year agoThird quarter 2022 After-Sales gross profit was $479 million, an increase of 13% compared to the same period a year agoDuring the third quarter of 2022, AutoNation repurchased 3.8 million shares of common stock... More