- AutoNation reported an adjusted EPS of $4.68, surpassing the estimated $4.40.
- Total revenue for the first quarter totaled $6.69 billion, exceeding the forecasted $6.62 billion.
- New vehicle revenue reached $3.25 billion, outperforming the anticipated $3.13 billion.
- Used vehicle revenue was $1.92 billion, slightly above the $1.88 billion estimates.
- Revenue from parts and services totaled $1.16 billion, slightly below the $1.2 billion estimate.
- Financial services generated $352.5 million, surpassing the expected $339.1 million.
- Earnings per share (EPS) were reported at $4.45.
- Investor sentiment shows 8 buy ratings, 6 hold ratings, and 0 sell ratings.
Autonation Inc on Smartkarma
Analyst coverage of AutoNation Inc on Smartkarma by Baptista Research has been positive with a bullish sentiment. According to their research, AutoNation recently wrapped up its 2024 fiscal year with a robust fourth quarter, indicating a 12% growth in same-store new unit volume. This growth is particularly beneficial for the company’s After-Sales and Financial Services segments, which contribute significantly to AutoNation’s gross profit. After Sales segment witnessed a 5% growth in same-store gross profit, accompanied by a 110 basis points improvement in gross margin, suggesting strong operational efficiency.
Further, Baptista Research‘s analysis highlights AutoNation Inc’s strategic capital allocation as a driver of optimism. Despite facing operational challenges, the company’s third-quarter fiscal 2024 earnings showcased progress in new vehicle sales, reflecting a recovery in market share. Operating in a volatile industry landscape, AutoNation is navigating economic headwinds while implementing strategies to ensure steady growth and sustained profitability, as outlined in the research reports by Baptista Research on Smartkarma.
A look at Autonation Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
AutoNation, Inc. is positioned for a promising future outlook according to the Smartkarma Smart Scores. With a strong momentum score of 4, the company is showing positive performance trends that could continue in the long term. Additionally, AutoNation Inc’s growth score of 3 signifies potential for expansion and development in the coming years, which could drive further profitability and market presence.
Although the dividend score is lower at 1, indicating limited returns for investors seeking income, the overall outlook remains positive. With a value score of 3, AutoNation Inc is deemed to have a reasonable valuation relative to its financial performance. Furthermore, the company’s resilience score of 2 suggests a moderate ability to withstand economic fluctuations and stay competitive in the industry as a major player in the automotive retail sector.
### AutoNation, Inc. retails, finances, and services new and used vehicles. The Company also provides other related services and products, such as the sale of parts and accessories, extended service contracts, aftermarket automotive products, and collision repair services. AutoNation operates throughout the United States. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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