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.
AutoNation reported better-than-expected quarterly EPS and positive guidance for 2024 cash flow and vehicle supply and demand dynamics. The company has increased capital expenditures for growth initiatives and made cash acquisitions, making it an attractive investment. There are risks related to changes in credit markets and environmental regulations, but overall, AutoNation appears to be a buy.
Markers point retail and professional traders to the right places to consider an investment. Today, a specific branch of the manufacturing sector has attracted much of the market's wild-swinging attention, bringing you the highest odds of squeezing a decent profit in the coming months.
Q4 2023 GAAP EPS $5.04, and adjusted EPS $5.02 Q4 2023 Revenue $6.8 billion, Full Year 2023 Revenue $26.9 billion Double-digit growth and record gross profit in After-Sales for Q4 and full year Share repurchases of $151 million in Q4 and $864 million full year FORT LAUDERDALE, Fla. , Feb. 13, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN) today reported fourth quarter 2023 GAAP EPS of $5.04 a...
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