AutoNation (AN) Tops Q1 EPS by 53c

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AutoNation Reports Record First Quarter Results

April 21, 2022 7:30 AM EDT

-  First quarter 2022 GAAP EPS was $5.78, an increase of 103% compared to first quarter 2021 GAAP EPS of $2.85, and an increase of 107% compared to first quarter 2021 adjusted EPS of $2.79

-  First quarter 2022 revenue was $6.8 billion, an increase of 14%, driven by an increase in Used vehicle revenue of 47%, each as compared to the same period a year ago

-  First quarter 2022 operating income increased 54% as compared to the same period a year ago

-  First quarter 2022 After-Sales gross profit was $461 million, an increase of 19% compared to the same period a year ago

-  During the first quarter of 2022,... More