Investing.com - AutoNation reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AutoNation announced earnings per share of $5.12 on revenue of $6.38B. Analysts polled by Investing.com anticipated EPS of $4.16 on revenue of $6.39B.
AutoNation shares are up 67.59% from the beginning of the year and are trading at $116.96 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
AutoNation follows other major Services sector earnings this month
AutoNation's report follows an earnings beat by Netflix on Tuesday, who reported EPS of $3.19 on revenue of $7.48B, compared to forecasts EPS of $2.57 on revenue of $7.48B.
Verizon had beat expectations on Wednesday with third quarter EPS of $1.41 on revenue of $32.9B, compared to forecast for EPS of $1.36 on revenue of $33.32B.
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