AutoNation (AN) Tops Q1 EPS by 31c
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AutoNation Reports Record First Quarter Earnings Per Share
April 20, 2023 6:59 AM EDTRecord First Quarter 2023 EPS of $6.07, an increase of 5% compared to prior yearFirst Quarter 2023 Revenue of $6.4 billion, a decrease of 5% compared to prior yearRecord First Quarter 2023 After-Sales gross profit of $511 million, an increase of 11% compared to prior yearRecord First Quarter 2023 Used Vehicle gross profit of $154 million, an increase of 13% compared to prior yearSG&A was 60.8% of Gross Profit reflecting continued expense disciplineFirst Quarter 2023 cash flow from operations of $510 millionDuring the first quarter of 2023, AutoNation repurchased 2.4 million shares of common stock... More
