AutoNation Earnings Reports

AutoNation reported Q4 2024 revenue of $7.2 billion, up 8% on a same-store basis. EPS was $4.64, and adjusted EPS was $4.97. New vehicle sales grew 12%, while used vehicle gross profit increased 14%. Operating income declined 3% year-over-year, and net income dropped 14%.

AutoNation reported Q3 2024 revenue of $6.6 billion, EPS of $4.61, and adjusted EPS of $4.02. Results were impacted by the CDK outage, which reduced EPS by an estimated $0.21. The company saw strong new vehicle unit sales growth and continued after-sales momentum.

AutoNation reported Q2 2024 revenue of $6.5 billion, with EPS at $3.20 and adjusted EPS at $3.99. The company's results were significantly impacted by a cyber incident at CDK Global, which reduced EPS by an estimated $1.55, including $0.79 of one-time costs. Despite the outage, margin performance in After-Sales and vehicle margins were encouraging.

AutoNation reported Q1 2024 revenue of $6.5 billion, a 1% increase compared to the previous year, with EPS of $4.49. The revenue growth was driven by a 7% increase in New Vehicle unit volume and an 8% increase in After-Sales revenue. However, the company experienced a decrease in gross profit and operating income, leading to a 26% decrease in EPS compared to Q1 2023.

AutoNation reported Q4 2023 revenue of $6.8 billion, a 1% increase compared to the same period last year. GAAP EPS was $5.04, and adjusted EPS was $5.02. The company saw double-digit growth and record gross profit in After-Sales.

AutoNation reported a 3% increase in revenue to $6.9 billion in Q3 2023, driven by growth in new vehicle sales and after-sales, which saw a record gross profit of $546 million, up 14% year-over-year. However, diluted EPS decreased to $5.54 from $6.31 in the prior year, and gross profit declined slightly to $1.29 billion. The company continued its share repurchase program, buying back 1.3 million shares for $200 million.

AutoNation's Q2 2023 revenue remained flat at $6.9 billion compared to the previous year. EPS was $6.02, while adjusted EPS was $6.29, a decrease from $6.48 a year ago. The company saw record after-sales gross profit, repurchased shares, and expanded its dealership network.

AutoNation reported a decrease in revenue by 5% year-over-year, totaling $6.4 billion for Q1 2023, but achieved a record EPS of $6.07, a 5% increase compared to the previous year. The company effectively managed its used vehicle business and saw double-digit growth in after-sales gross profit.

AutoNation reported record fourth quarter revenue of $6.7 billion, a 2% increase compared to the same period a year ago. GAAP EPS was $5.72, and adjusted EPS was $6.37, a fourth quarter record. The company reduced shares outstanding by 25% as it repurchased 15.6 million shares, including 4.6 million during the fourth quarter.

AutoNation reported a 4% increase in revenue to $6.7 billion and a GAAP EPS of $6.31 for the third quarter of 2022. The results were driven by higher average selling prices of vehicles and continued growth in After-Sales and Customer Financial Services, which offset lower unit sales of new and used vehicles.

AutoNation reported second quarter 2022 EPS of $6.48, a 34% increase compared to the same period last year. Revenue was $6.9 billion, down 2% year-over-year. Operating income reached an all-time record of $558 million, a 5% increase. The company repurchased 3.7 million shares of common stock for $404 million and announced plans to acquire CIG Financial.

AutoNation reported record first quarter EPS with a 14% increase in revenue to $6.8 billion, driven by a 47% increase in used vehicle revenue and an 18% increase in After-Sales revenue. The company repurchased 3.5 million shares of common stock for $381 million during the quarter.

AutoNation reported record fourth-quarter results, with EPS of $5.87, up 239% year-over-year, and adjusted EPS of $5.76, up 137% year-over-year. Revenue for the quarter was $6.6 billion, an increase of 14% driven by a 55% increase in used vehicle revenue.

AutoNation reported a record-breaking third quarter, with significant increases in EPS, same-store revenue, and gross profit. The company benefited from strong consumer demand outpacing supply and strategic capital allocation.

AutoNation reported record second-quarter results, with EPS reaching an all-time high. Revenue and gross profit increased significantly year-over-year, driven by strong new and used vehicle sales. The company also repurchased a significant amount of common stock during the quarter.

AutoNation reported a strong first quarter in 2021, with record adjusted EPS of $2.79, a 207% increase year-over-year. The company saw significant growth in same-store revenue and gross profit, both up by 27%. AutoNation also announced an agreement to acquire 11 stores and 1 collision center from Peacock Automotive Group, expected to add approximately $380 million in annual revenue.

AutoNation's Q4 2020 results showed a mix of challenges and achievements. While GAAP EPS from continuing operations slightly decreased, the company achieved a record adjusted EPS, driven by same-store revenue and gross profit growth. Strategic investments in digital capabilities and AutoNation USA store expansion are underway, alongside significant share repurchases.

AutoNation reported record third-quarter earnings with adjusted EPS of $2.38, a 102% increase year-over-year. The company's focus on digital capabilities and expense control contributed to significant SG&A leverage.

AutoNation reported a net income from continuing operations of $280 million, or $3.18 per share, for the second quarter of 2020. This includes a non-cash unrealized gain related to their investment in Vroom of $161 million after-tax, or $1.82 per share. Adjusted EPS from continuing operations was an all-time record $1.41, an increase of 18% compared to adjusted EPS from continuing operations of $1.20 in the prior year.

AutoNation reported a GAAP net loss from continuing operations of $232 million, or $2.58 per share, compared to net income from continuing operations of $92 million, or $1.02 per share, in the prior year period. Adjusted EPS from continuing operations was $0.91 compared to $0.95 in the prior year.

AutoNation reported Q4 2019 net income from continuing operations of $158 million, or $1.74 per share, marking an all-time record. The quarter included net gains from store and property divestitures and a non-cash gain related to an investment in Vroom.