StockNews.AI
AN
StockNews.AI
189 days

AutoNation Reports Fourth Quarter and Full Year Results

1. AutoNation's Q4 2024 revenue increased 8%, driven by 12% unit sales growth. 2. The company executed $460 million in share repurchases, reducing shares by 7%.

Earnings
-0.29%Current Return
VS
-0.23%S&P 500
$192.6402/11 07:00 AM EDTEvent Start
$192.0802/12 01:41 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The revenue growth and share buybacks indicate strong company performance, suggesting potential price increases, similar to previous upward trends following robust earnings reports.

How important is it?

The article discusses significant financial metrics of AutoNation, directly impacting investor perceptions and stock price, warranting a high importance score.

Why Short Term?

The immediate effects of revenue increases and buybacks typically influence stock prices shortly after announcements, mirroring past instances where earnings led to price spikes.

Related Companies

AN
Q4 2024 revenue up 8% on a same store basis; EPS $4.64 and adjusted EPS $4.97 New Vehicle same-store unit sales growth of 12% in Q4, with sequential unit profitability growth Used Vehicle same-store gross profit growth of 14% in Q4 After-Sales and CFS same-store gross profit growth of 5% and 6%, respectively in Q4 AN Finance originated $1.1 billion of loans during 2024 Share repurchases of $460 million in 2024 representing a 7% share reduction Continued strong balance sheet, leverage reduced sequentially to 2.4X in Q4 FORT LAUDERDALE, Fla. , Feb. 11, 2025 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN) today reported fourth quarter 2024 revenue of $7.2 billion, an increase of 8% compared to the same period a year ago on a same store basis.

Related News