/PRNewswire/ AutoNation, Inc. (NYSE: AN), America s largest and most recognized automotive retailer, today reported its seventh consecutive record quarterly.
/PRNewswire/ AutoNation, Inc. (NYSE: AN), America s largest and most recognized automotive retailer, today reported its seventh consecutive record quarterly.
/PRNewswire/ AutoNation, Inc. (NYSE: AN), America s largest and most recognized automotive retailer, today reported its sixth consecutive all-time record.
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FORT LAUDERDALE, Fla., April 20, 2021 /PRNewswire/
AutoNation, Inc. (NYSE: AN), America s largest and most recognized automotive retailer, today reported first quarter 2021 net income from continuing operations of $240 million, or $2.85 per share. First quarter 2021 GAAP results included a gain related to the sale of our remaining equity investment in Vroom of $6 million after-tax, or $0.07 per share. First quarter 2020 net loss from continuing operations was $232 million, or $2.58 per share. In the first quarter of 2020, the Company recorded non-cash goodwill, franchise rights, and other impairment charges totaling $315 million after-tax, or $3.49 per share. These non-cash charges were primarily the result of COVID-19 related impacts to the business and market valuation. First quarter 2021 Adjusted EPS from continuing operations was an all-time record $2.79, an increase of 207% compared to the first quarter 2020 Adjusted EPS from continuing operations of $0.