02/06
Headlines

Auto

AutoNation Matches Consensus

Mark DeFrance02 mins

AutoNation reported second-quarter results that matched consensus EPS expectations of $0.73 while revenue of $4.4 billion exceeded consensus expectation of $4.3 billion. Analysts  intend to raise the  fair value estimate to account for higher revenue growth and AutoNation capturing slightly more market share than we currently model in our five-year forecast period.  The results show…

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BMW Races Past Street Consensus, Confirms Full-Year Guidance; Maintaining Our EUR 85 FVE

John Meady03 mins

Narrow-moat, negative-moat-trend rated Bayerische Motoren Werke AG BMW reported better than expected first-quarter 2013 earnings per share results of EUR 1.99. This was EUR 0.22 ahead of the Street consensus EPS estimate of EUR 1.77, but EUR 0.06 below last year’s EUR 2.05 result. Demonstrating the reason for our narrow-moat rating, despite the decline in…

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