AutoNation reported Q2 adjusted earnings Friday of $6.29 per diluted share, down from $6.48 a year earlier.
Analysts polled by Capital IQ expected normalized EPS of $5.91.
Revenue for the.
AutoNation s shares fell more than 6% in recent Friday trading after the company reported Q2 adjusted earnings of $6.29 per diluted share, down from $6.48 a year earlier.
Analysts polled by.
AutoNation expects to see margin pressure in the current high interest rate environment as its second-quarter earnings declined from last year, while a gain in new vehicle revenue was countered.