AutoNation Matches Consensus
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 that the U.S. auto recovery continues at a strong pace … Continue reading AutoNation Matches Consensus