AutoNation beats by $0.16, misses on revs
- Reports Q3 (Sep) earnings of $1.00 per share, $0.16 better than the Capital IQ Consensus of $0.84; revenues fell 2.4% year/year to $5.43 bln vs the $5.58 bln Capital IQ Consensus.
- Same store sales were up 2% y/y
- Retail vehicle unit sales up 1% y/y
- Third Quarter 2017 Segment Results
- Domestic segment income was $69 mln (-18% y/y)
- Import segment income was $81 mln (+2% y/y)
- Premium Luxury segment income was $79 mln (-3% y/y)
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