Revenue Miss, EV Sales Slump Send AutoNation Stock Lower
AutoNation (AN) stock drops 5% following mixed Q2 results. Revenue missed expectations at $6.93B, while EPS beat estimates at $5.56.
AutoNation brought in less money than people expected, but made more profit per share than they thought it would. When a company doesn't hit its money target, people worry about its health, even if profit looks okay.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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