Investing.com - AutoNation reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AutoNation announced earnings per share of $5.78 on revenue of $6.75B. Analysts polled by Investing.com anticipated EPS of $5.11 on revenue of $6.51B.
AutoNation shares are down 9.62% from the beginning of the year and are trading at $105.61 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
AutoNation follows other major Consumer Discretionary sector earnings this month
AutoNation's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.24 on revenue of $17.63B.
BYD ADR had missed expectations on March 29 with first quarter EPS of $0.0661 on revenue of $11.18B, compared to forecast for EPS of $0.2333 on revenue of $6.72B.
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