UPDATE: AutoNation (AN) Misses Q2 EPS by 11c
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AutoNation Reports Second Quarter 2017 Results
August 2, 2017 7:29 AM EDTFORT LAUDERDALE, Fla., Aug. 2, 2017 /PRNewswire/ --Â AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today reported second quarter 2017 net income from continuing operations of $88 million, or $0.86 per share. Second quarter 2016 net income from continuing operations totaled $112 million, or $1.08 per share.
For the second quarter of 2017, AutoNation's combined retail vehicle unit sales were down 3%, or down 2% on a same store basis. Market conditions were very challenging in two of the Company's largest states, Texas and Florida, which represent approximately 45% of AutoNation's total retail vehicle unit sales. Same store... More
