AutoNation profit drops due to severance-related costs [Reuters]
AutoNation, Inc. (AN)
Last autonation, inc. earnings: 2/11 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investors.autonation.com
Company Research
Source: Reuters
AutoNation profit drops due to severance-related costs Oct 29 (Reuters) - AutoNation Inc reported an 11% fall in quarterly profit on Tuesday, partly due to severance costs related to former chief executive officer Carl Liebert and as the largest U.S. auto retail chain sold fewer new vehicles despite lower interest rates. Net income from continuing operations fell to $100 million in the third quarter ended Sept. 30, from $112.3 million a year earlier. The company’s earnings per share from continuing operations declined to $1.11 from $1.24, beating the average analyst estimate of $1.05, according to IBES data from Refinitiv. AutoNation in August warned it expected severance and other expenses paid to Liebert to “adversely impact” third-quarter earnings by an estimated 11 cents to 12 cents. Total revenue rose 2.1% to $5.46 billion. (Reporting by Rachit Vats in Bengaluru; Editing by Subhranshu Sahu) Our Standards: The Thomson Reuters Trust Principles.
Show less
Read more
Impact Snapshot
Event Time:
AN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AN alerts
High impacting AutoNation, Inc. news events
Weekly update
A roundup of the hottest topics
AN
News
- Stay Ahead of the Game With AutoNation (AN) Q1 Earnings: Wall Street's Insights on Key Metrics [Yahoo! Finance]Yahoo! Finance
- Here's What Black Bear Value Partners Think About AutoNation (AN) [Yahoo! Finance]Yahoo! Finance
- AutoNation, Inc. (NYSE: AN) had its price target lowered by analysts at Bank of America Co. from $220.00 to $215.00. They now have a "buy" rating on the stock.MarketBeat
- AutoNation Announces First Quarter 2024 Earnings Conference Call and Audio Webcast Scheduled for Friday, April 26, 2024PR Newswire
- AutoNation's (NYSE:AN) five-year total shareholder returns outpace the underlying earnings growth [Yahoo! Finance]Yahoo! Finance
AN
Earnings
- 2/13/24 - Beat
AN
Sec Filings
- 3/22/24 - Form SC
- 3/22/24 - Form 4
- 3/21/24 - Form 144
- AN's page on the SEC website