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Dec 31, 2023
AutoNation Q4 2023 Earnings Report
AutoNation reported a 1% increase in revenue and GAAP EPS of $5.04 for Q4 2023.
Key Takeaways
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.
Q4 2023 GAAP EPS was $5.04, and adjusted EPS was $5.02.
Q4 2023 Revenue reached $6.8 billion, marking a 1% increase year-over-year.
After-Sales demonstrated double-digit growth and record gross profit for both Q4 and the full year.
Share repurchases amounted to $151 million in Q4 and $864 million for the full year.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
While 2024 will reflect a continued normalization of vehicle supply and demand dynamics, we are excited to move forward, confident in our strong balance sheet, and laser-focused on executing our operating plan. We will continue to be a strong cash generator and allocate capital in a prudent manner to maximize shareholder returns.
Positive Outlook
- Strong balance sheet
- Laser-focused on executing operating plan
- Will continue to be a strong cash generator
- Allocate capital in a prudent manner
- Maximize shareholder returns
Challenges Ahead
- Continued normalization of vehicle supply
- Continued normalization of vehicle demand dynamics
- Dynamic used vehicle market
- Slightly higher SG&A as a percentage of gross profit
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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