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AutoNation 1Q Profit, Sales Expected to Decline -- Earnings Preview

Por: MarketWatch Business April 19, 2023

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--ADJUSTED EARNINGS: Stripping out one-time items, adjusted earnings are expected to be $5.74 a share. --REVENUE: Sales are expected to slip to $6.63 billion from $6.75 billion a year ago. WHAT TO WATCH: --NEW OR USED: Rising demand for new cars helped AutoNation offset a drop in used-car sales during the fourth quarter. As prices ease for used vehicles, investors will be looking to see if demand for new and used vehicles is rebalancing.... + full article



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