Investing.com - AutoNation reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AutoNation announced earnings per share of $2.43 on revenue of $5.79B. Analysts polled by Investing.com anticipated EPS of $2.03 on revenue of $5.55B.
AutoNation shares are up 12.48% from the beginning of the year and are trading at $78.50 , 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 Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
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