---
schema_version: "secwatch.filing_event.v1"
accession: "0000350698-24-000069"
form_type: "8-K"
ticker: "AN"
cik: "0000350698"
company_name: "AUTONATION, INC."
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:47:56.969304+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AutoNation Q1 EPS $4.49 vs $6.07 YoY; net income down 34%; board authorizes $1B buyback

## Summary
- Q1 EPS $4.49 vs $6.07 a year ago; net income $190.1M, down 34% YoY.
- Revenue $6.5B, up 1% YoY; new vehicle unit sales +7% to 58,863; after-sales gross profit record $556M, +9%.
- Operating income $340.3M, down 23% YoY; adjusted operating income $347.6M, down 22%.
- Year-to-date through April 24 repurchased 1.6M shares; board authorized additional $1B stock buyback.

## SEC filing metadata
- accession: 0000350698-24-000069
- form_type: 8-K
- ticker: AN
- cik: 0000350698
- company_name: AUTONATION, INC.
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/350698/000035069824000069/0000350698-24-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/350698/000035069824000069/an-20240426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000350698-24-000069
- JSON: https://secwatch.observer/filing/0000350698-24-000069.json
- Plain text: https://secwatch.observer/filing/0000350698-24-000069.txt

## Key facts
- Earnings Releases
  AUTONATION, INC. reported the fiscal quarter ended March 31, 2024 results: revenue $6.5 billion, net income $ 190.1, EPS $4.49.
  - Period: the fiscal quarter ended March 31, 2024
  - Revenue: $6.5 billion
  - Net income: $ 190.1
  - EPS: $4.49
  - Result: reported results
  source text: Lisa Rhodes Ryans (954) 769-4120 publicrelations@autonation.com AutoNation Reports First Quarter 2024 Results • Q1 2024 EPS $4.49, compared to $6.07 a year ago • Q1 2024 Revenue $6.5 billion, compared to $6.4 billion a year ago • Q1 2024 After-Sales gross profit increased 9% from a year ago to a record $556 million • Year-to-date through April 24, 2024, repurchased
  evidence_url: https://www.sec.gov/Archives/edgar/data/350698/000035069824000069/0000350698-24-000069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.