AutoNation Q2 2023 EPS $6.02 (adj $6.29) vs $6.48 YoY; revenue flat at $6.9B

AUTONATION, INC.

2023-Q2 EPS reported $12.09 revenue$13,288,800,000

Adjusted EPS of $6.29 missed prior year's $6.48; GAAP EPS of $6.02 included $0.27 weather charge.
After-sales gross profit record $543M, up 13% YoY, offsetting new/used vehicle pressure.
SG&A held at 61.9% of adjusted gross profit; operating expense discipline continued.
Repurchased 1.6M shares for $207M; acquired five dealerships and opened 16th AutoNation USA store.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AUTONATION, INC. reported Second Quarter 2023 results: revenue $6.9 billion, EPS $6.02.

Period: Second Quarter 2023
Revenue: $6.9 billion
EPS: $6.02
Result: reported results

Exact text from the filing

FORT LAUDERDALE, Fla., (July 21, 2023) — AutoNation, Inc. (NYSE: AN), America’s most admired automotive retailer, today reported Second Quarter 2023 EPS of $6.02, which included an after-tax charge of $12.4 million or $0.27 per share in weather-related losses. Adjusted EPS was $6.29 for the Second Quarter of 2023, compared to $6.48 of EPS a year ago. Second Quarter 2023 revenue was $6.9 billion compared to $6.9 billion a year ago.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

AUTONATION, INC. filing history →

Source: SEC EDGAR

accession 0000350698-23-000095

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