Investing.com - AutoNation (NYSE:AN) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AutoNation announced earnings per share of $5.76 on revenue of $6.58B. Analysts polled by Investing.com anticipated EPS of $4.96 on revenue of $6.39B.
AutoNation shares are down 4.9% from the beginning of the year, still down 16.75% from its 52 week high of $133.48 set on October 25, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
AutoNation shares gained 3.04% in pre-market trade following the report.
AutoNation follows other major Consumer Discretionary sector earnings this month
AutoNation's report follows an earnings beat by Amazon.com on February 3, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Tesla had beat expectations on January 26 with fourth quarter EPS of $2.54 on revenue of $17.72B, compared to forecast for EPS of $2.36 on revenue of $17.13B.
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