AutoNation Aktie News

Companies may buy back shares if management views the stock as undervalued. AutoNation has a rich history of buying back shares, and just announced a $1 billion program.

When investors think about their potential winnings through the stock market, two methods typically get the lion's share of attention. The most straightforward appreciation will happen through the classic buy low and sell high (with a little luck).

AutoNation, Inc. (NYSE:AN ) Q1 2024 Earnings Conference Call April 26, 2024 9:00 AM ET Company Participants Derek Fiebig - Vice President of Investor Relations Michael Manley - Chief Executive Officer Thomas Szlosek - Chief Financial Officer Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Bret Jordan - Jefferies Douglas Dutton - Evercore Colin Langan - Wells Fa...

Q1 2024 EPS $4.49, compared to $6.07 a year ago Q1 2024 Revenue $6.5 billion, compared to $6.4 billion a year ago Q1 2024 After-Sales gross profit increased 9% from a year ago to a record $556 million Year-to-date through April 24, 2024, repurchased 1.6 million shares of common stock Board of Directors has authorized the repurchase of up to an additional $1.0 billion of common stock FORT LAUDER...

A sizable debt burden and a lack of profits introduce financial risk for this business. This company will struggle to post consistent growth in a higher rate environment.

While electric vehicles may be the future of mobility and transportation, an old industry is gaining significant relevance, thus driving the case for auto stocks to buy. Further, this fresh dynamic might not fade anytime soon.

FORT LAUDERDALE, Fla. , April 8, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), today announced that it will release its financial results for the first quarter ended March 31, 2024, on Friday, April 26, 2024, before the market opens.

Car dealer Inchcape PLC may have found a potential interested buyer in US rival AutoNation Inc (NYSE:AN). In January the London-listed company said it had received "approaches from a number of interested parties" and was reviewing options for its UK retail business, potentially including a sale.