FORT LAUDERDALE, Fla. (AP) \u2014 FORT LAUDERDALE, Fla. (AP) \u2014 AutoNation Inc. (AN) on Friday reported first-quarter earnings of $205.4 million.<\/p>\n
On a per-share basis, the Fort Lauderdale, Florida-based company said it had profit of $5.85. Earnings, adjusted for non-recurring gains, were $4.69 per share.<\/p>\n
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.71 per share.<\/p>\n
The auto retailer posted revenue of $6.55 billion in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $6.66 billion.<\/p>\n
AutoNation shares have risen roughly 3% since the beginning of the year, while the S&P’s 500 index has climbed slightly more than 5%. The stock has climbed 22% in the last 12 months.<\/p>\n","protected":false},"excerpt":{"rendered":"FORT LAUDERDALE, Fla. (AP) \u2014 FORT LAUDERDALE, Fla. (AP) \u2014 AutoNation Inc. (AN) on Friday reported first-quarter earnings…\n","protected":false},"author":2,"featured_media":255203,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[110820,28,249,251,250,757,752,97574],"class_list":["post-255202","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-lauderdale","tag-earns-autonation","tag-florida","tag-fort-lauderdale","tag-fort-lauderdale-headlines","tag-fort-lauderdale-news","tag-package-100373-mc-complete-state-national","tag-product-30039-ap-florida-state-news-no-weather","tag-product-30597-ap-business-news-f-wire"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/255202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=255202"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/255202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/255203"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=255202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=255202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=255202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}