Investing.com - AutoNation reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AutoNation announced earnings per share of $4.83 on revenue of $6.98B. Analysts polled by Investing.com anticipated EPS of $2.67 on revenue of $5.94B.
AutoNation shares are up 47.01% from the beginning of the year and are trading at $102.60 , 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 Alimentation Couchen A on June 29, who reported EPS of $0.52 on revenue of $12.24B, compared to forecasts EPS of $0.44 on revenue of $11,835M.
Cintas had beat expectations on Thursday with fourth quarter EPS of $2.47 on revenue of $1.84B, compared to forecast for EPS of $2.31 on revenue of $1.82B.
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