What's Next: AutoNation's Earnings Preview

AutoNation (NYSE:AN) will release its quarterly earnings report on Friday, 2024-10-25. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate AutoNation to report an earnings per share (EPS) of $4.57.

The market awaits AutoNation's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

Last quarter the company missed EPS by $0.35, which was followed by a 3.55% drop in the share price the next day.

Here's a look at AutoNation's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

4.34

4.27

4.94

5.49

EPS Actual

3.99

4.49

5.02

5.54

Price Change %

-4.0%

6.0%

-2.0%

0.0%

AutoNation Share Price Analysis

Shares of AutoNation were trading at $162.0 as of October 23. Over the last 52-week period, shares are up 24.21%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on AutoNation

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on AutoNation.

A total of 7 analyst ratings have been received for AutoNation, with the consensus rating being Neutral. The average one-year price target stands at $191.86, suggesting a potential 18.43% upside.

Analyzing Ratings Among Peers

This comparison focuses on the analyst ratings and average 1-year price targets of Valvoline, Group ...