Investing.com - AutoNation reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AutoNation announced earnings per share of $1.41 on revenue of $44.53B. Analysts polled by Investing.com anticipated EPS of $0.18 on revenue of $3.7B.
AutoNation shares are up 0.45% from the beginning of the year and are trading at $48.85 , down-from-52-week-high.They are broadly in line with 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 missed by Netflix on July 16, who reported EPS of $1.59 on revenue of $6.15B, compared to forecasts EPS of $1.82 on revenue of $6.08B.
AT&T had beat expectations on Thursday with second quarter EPS of $0.83 on revenue of $40.95B, compared to forecast for EPS of $0.79 on revenue of $41B.
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