Intraday Mover: AutoNation, Inc. (NYSE: AN)

On 16 October 2018,  AutoNation, Inc. (NYSE: AN) has shown upward/downward move of +3.22% and ended the last trade at $40.01 . The trading volume was recorded to 729,216 shares as compared to average traded volume of 792,175 shares.

AutoNation, Inc. (AN), America’s largest automotive retailer, recently stated second quarter 2018 net income from continuing operations of $97M, or $1.07 per share, up 11% contrast to second quarter 2017 net income from continuing operations of $88M, or $0.86 per share. Second quarter 2018 net income from continuing operations included a non-cash franchise rights impairment charge of $6M after-tax, or $0.07 per share.

Second quarter 2018 revenue totaled $5.4B contrast to $5.3B in the year-before period. Same-store second quarter 2018 revenue totaled $5.3B contrast to $5.1B in the year-before period, an raise of 4%. Same-store second quarter 2018 gross profit of $839M raised by 4% contrast to $806M in the year-before period, driven by raises in used vehicle gross profit of 22%, Consumer Financial Services gross profit of 10%, and Consumer Care gross profit of 4%. Same-store Consumer Financial Services gross profit per vehicle retailed was an all-time record $1,789.

Second Quarter 2018 Section Results

  • Domestic– Domestic section income(2) was $67M contrast to year-before section income of $60M, an raise of 12%.
  • Import– Import section income(2) was $78M contrast to year-before section income of $75M, an raise of 4%.
  • Premium Luxury– Premium Luxury section income(2) was $85M contrast to year-before section income of $84M, an raise of 1%.

For the six-month period ended June 30, 2018, the Company stated net income from continuing operations of $191M, or $2.08 per share, contrast to net income from continuing operations of $186M, or $1.83 per share, for the same period in the previous year. The Company’s revenue for the six-month period ended June 30, 2018, totaled $10.7B, an raise of 2% contrast to $10.4B for the same period in the previous year.

The company has PEG ratio of 1.18 and price to cash ratio of 69.46. In the profitability analysis, net profit margin of the firm was recorded at 2.00% and operating profit margin was calculated at 3.80% while gross profit margin was measured as 15.70%. Beta factor, which measures the riskiness of the security, was registered at 1.30.

Anna Smith

Anna Smith- Services Sector News Anna Smith writes Services Sector articles for industries that want to see their Google search rankings surge. Her articles have appeared in a number of sites. Her articles focus on enlightening with informative Services sector needs. She holds the degree of Masters in Business and Marketing. Before she started writing, she experimented with various professions: computer programming, assistant marker, and others. But her favorite job is writing that she is now doing full-time. Address:  4976 Sycamore Road Condon, OR 97823, United States of America Phone Number:  +1 541 384 6252 Email:  Anna@dailynewsgallery.com

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