AutoNation (AN) Tops Q1 EPS by 22c
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AutoNation Reports First Quarter 2020 Results
May 11, 2020 7:15 AM EDTFORT LAUDERDALE, Fla., May 11, 2020 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest and most recognized automotive retailer, today reported first quarter 2020 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. First quarter 2020 adjusted net income from continuing operations was $82 million, or $0.91 per share, compared to adjusted net income from continuing operations of $86 million, or $0.95 per share, in the prior year period.
In the first quarter of 2020, the Company recorded non-cash goodwill, franchise... More
