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Mar 31, 2020
AutoNation Q1 2020 Earnings Report
AutoNation reported a GAAP net loss and an adjusted EPS that decreased year-over-year due to the COVID-19 pandemic.
Key Takeaways
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.
GAAP loss per share from continuing operations was $2.58 compared to EPS from continuing operations of $1.02 in the prior year, including non-cash impairment charges.
Adjusted EPS from continuing operations was $0.91 compared to $0.95 in the prior year.
Implemented previously announced cost reduction actions to mitigate the financial impact of COVID-19.
The company had in excess of $1.4 billion of liquidity, including over $750 million of cash and approximately $650 million of availability on our revolving credit facility as of May 8, 2020.
Revenue by Segment
Forward Guidance
AutoNation expects the COVID-19 pandemic to continue to adversely impact its operations.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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