Investing.com - AutoNation (NYSE:AN) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AutoNation announced earnings per share of $2.79 on revenue of $5.90B. Analysts polled by Investing.com anticipated EPS of $1.85 on revenue of $5.04B.
AutoNation shares are up 39.81% from the beginning of the year, still down 0.74% from its 52 week high of $98.30 set on April 19. They are outperforming the EUR/USD which is down 0% from the start of the year.
AutoNation shares gained 2.49% in pre-market trade following the report.
AutoNation follows other major Services sector earnings this month
AutoNation's report follows an earnings beat by Prologis on Monday, who reported EPS of $0.5035 on revenue of $1.02B, compared to forecasts EPS of $0.3739 on revenue of $986.59M.
Walgreens Boots had beat expectations on March 31 with second quarter EPS of $1.4 on revenue of $32.78B, compared to forecast for EPS of $1.1 on revenue of $36.2B.
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