AutoNation Q4 2019 Earnings Report
Key Takeaways
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.
Q4 2019 EPS from continuing operations was an all-time record $1.74, up 71% compared to Q4 2018.
Net income included net gains from store and property divestitures of $20 million after-tax, or $0.22 per share, and a non-cash gain related to investment in Vroom of $19 million after-tax, or $0.21 per share.
Same store revenue was up 4% and same store gross profit was up 7% compared to the same period a year ago.
Same store Used Vehicle gross profit was up 21% compared to the same period a year ago.
AutoNation
AutoNation
AutoNation Revenue by Segment
AutoNation Revenue by Geographic Location
Forward Guidance
This news release contains forward-looking statements that reflect current expectations concerning future results and events. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially.
Revenue & Expenses
Visualization of income flow from segment revenue to net income