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FORT LAUDERDALE, Fla., July 14, 2026--(BUSINESS WIRE)--AutoNation, Inc. (NYSE: AN), today announced that it will release its financial results for the second quarter ended June 30, 2026, on Friday, July 31, 2026 before the market opens. AutoNation management will discuss these results and other information regarding the Company during a conference call and audio webcast that same day at 9:00 a.m. Eastern Time. The conference call may be accessed by telephone at 833-461-5787 (Conference ID: 436930872) or on AutoNation’s investor relations website at investors.autonation.com. The webcast will also be made available on AutoNation’s website following the call under "Events & Presentations." About AutoNation, Inc.AutoNation, one of the largest automotive retailers in the United States, offers innovative products and exceptional services as part of a portfolio of comprehensive solutions for our customers and their automotive needs. With a nationwide network of dealerships strengthened by a recognized brand, we offer a wide variety of new and used vehicles, customer financing, parts, and expert maintenance and repair services. Through DRV PNK, we have raised over $50 million for cancer-related causes, demonstrating our commitment to making a positive difference in the lives of our Associates, Customers, and the communities we serve. Please visit www.autonation.com, investors.autonation.com, and www.x.com/autonation, where AutoNation discloses additional information about the Company, its business, and its results of operations. View source version on businesswire.com: https://www.businesswire.com/news/home/20260714460129/en/ Contacts Media Contact: Lisa Rhodes Ryans(954) [email protected] Investor Contact: Derek Fiebig (954) [email protected]

CarMax, Inc. KMX reported earnings per share of $1.31 for the first quarter of fiscal 2027, beating the Zacks Consensus Estimate of 94 cents by 39.61%. The bottom line declined 5.1% from $1.38 in the year-ago quarter.Quarterly revenues rose 6.2% year over year to $8.01 billion, surpassing the consensus mark of $7.6 billion by 5.43%. Results benefited from higher retail and wholesale revenues, while combined retail and wholesale unit sales rose 3.3% to 392,357. CarMax, Inc. price-consensus-eps-surprise-chart | CarMax, Inc. Quote For the quarter ended May 31, 2026, CarMax’s total net sales and operating revenues were $8.01 billion, up from $7.55 billion a year ago. Used vehicle sales increased 4.7% to $6.39 billion, reflecting a higher average retail selling price.Total retail used vehicle unit sales were nearly flat at 230,293 versus 230,210 in the prior-year quarter. Comparable-store used-unit sales declined 0.8%, as the company lapped a year-ago quarter that benefited from tariff-driven demand. Wholesale vehicle sales rose 14% year over year to $1.43 billion. Wholesale unit sales increased 8.4% to 162,064, while the average wholesale selling price climbed 5.1% to $8,364.The wholesale business helped offset pressure on retail profitability. Wholesale vehicle gross profit increased 8.3% to $169.5 million, with gross profit per wholesale unit of $1,046, essentially in line with $1,047 in the prior-year quarter. Total gross profit declined 4.4% year over year to $854.4 million. Retail used vehicle gross profit fell 9.5% to $501.4 million, hurt by lower per-unit profitability.Retail gross profit per used unit was $2,177, down $230 from last year’s all-time record due to the continuation of pricing actions aimed at driving an improved sales trend. Selling, general and administrative expenses decreased 3.7% year over year to $635.2 million. The decline was primarily driven by lower compensation and benefits costs as the company made progress on targeted SG&A reductions.SG&A per total unit improved 6.8% to $1,619, down $118 from the year-ago quarter. CarMax remains on track to achieve $200 million in SG&A exit-rate savings by the end of fiscal 2027. CarMax Auto Finance’s income was $140.2 million, down 1% from the year-ago quarter. The decline reflected lower auto loans outstanding following last year’s $900 million non-prime securitization, partly offset by intere...

CarMax stock falls after the used-vehicle retailer handily tops Wall Street expectations with its first-quarter earnings. Carvana is at the bottom of the S&P 500.

The earnings report showed some turnaround progress. But the day added a fresh challenge in the form of a possible rate hike.

AutoNation, Inc. AN reported first-quarter 2026 adjusted earnings of $4.69 per share, which missed the Zacks Consensus Estimate of $4.71 by 0.43%. Revenues amounted to $6.55 billion, which missed the Zacks Consensus Estimate of $6.66 billion by 1.6%. The top line declined from $6.69 billion reported in the first quarter of 2025. The results showed a familiar pattern: strong performance in higher-margin businesses was offset by weaker sales volumes and higher costs. Adjusted free cash flow was $255.6 million, with a solid 155% conversion of adjusted net income. AutoNation, Inc. price-consensus-eps-surprise-chart | AutoNation, Inc. Quote AN’s consolidated revenues declined as new-vehicle sales softened. New-vehicle revenues fell to $3.01 billion from $3.25 billion a year ago, mainly due to fewer cars being sold and a lower contribution from this segment. New vehicle retail units sold dropped 7.9% year over year to 57,482 units. The average selling price (ASP) per new vehicle unit retailed was $52,382. Gross profit from the segment was $144.5 million, which declined 17.4% year over year. Gross profit per new vehicle retailed slid to $2,514, indicating profitability pressures in the new-vehicle channel versus the year-ago period. AN’s used-vehicle results were more stable than new vehicles, helped by pricing and mix. Retail used-vehicle revenues increased 1.5% year over year to $1.82 billion, while used vehicle retail units sold declined 3.2% to 65,818 units. ASP per used vehicle unit retailed totaled $27,646. Gross profit from the segment was $104.9 million. Gross profit per used vehicle retailed totaled $1,594. Revenues from wholesale used vehicles were up 10.7% to $144.2 million. Gross profit rose to $16.5 million from $11.5 million reported a year ago. Finance and insurance remained a steady earnings contributor. Finance and insurance, net revenues were essentially flat at $352 million, and gross profit from the segment was $352 million. Gross profit per unit in this category improved to $2,855. Combined with used-vehicle dynamics, these steadier lines continued to support gross profit durability even as total retail units fell. AutoNation’s parts and service operation delivered the clearest growth signal in the quarter. Parts and service revenues increased 4.9% year over year to $1.22 billion, supported by continued demand for maintenance and repair work. P...

Delivered fifth consecutive quarter of adjusted EPS growth despite industry-wide volume pressure and challenging year-over-year comparisons. Aftersales gross profit reached a first-quarter record, driven by an 8% increase in customer pay and 7% growth in warranty work, offsetting a decline in internal reconditioning. New vehicle unit sales declined in line with the market, impacted by the absence of prior-year tariff-related demand pull-ins and a 50% drop in BEV sales following incentive removals. Used vehicle performance stabilized with the highest used-to-new ratio in two years, supported by improved inventory aging and sequential gains in per-unit profitability. Management attributes industry volume pressure to affordability headwinds, citing that while wage inflation offset some price increases, the 'middle cohort' of consumers remains financially stretched. Strategic focus remains on high-margin, recurring revenue streams like aftersales and finance to provide a durable buffer against cyclical vehicle sales volatility. Management expects the new vehicle industry to perform below their original forecast of a 5% impact until macro factors like fuel prices and interest rates stabilize. Anticipates continued margin compression in new vehicles but views this as a strategic trade-off to stimulate volume and capture long-term customer lifecycle value. Expects used vehicle supply to remain constrained in the near term as the 'COVID hole' in lease returns continues to work through the system. SG&A as a percentage of gross profit is expected to moderate in subsequent quarters toward the 66-67% target range as strategic marketing and technology investments scale. AutoNation Finance is projected to reach originations north of $2 billion to $2.1 billion for 2026, with penetration for the year expected to push 20% of all financed units. AutoNation Finance generated $9 million in quarterly profit, nearly matching its entire 2025 performance, as the portfolio reached $2.4 billion. Strategic investments in 'upper funnel' marketing and brand awareness are creating a temporary dislocation between current costs and future revenue realization. Adverse weather events and self-insurance claims impacted SG&A by approximately $5 million during the quarter. The company maintained an active capital return strategy, deploying $300 million for share repurchases in Q1 and an additio...

This article first appeared on GuruFocus. Adjusted Earnings Per Share (EPS): $4.69, marking the fifth consecutive quarter of year-over-year growth. Adjusted Free Cash Flow: $256 million, reflecting strong cash conversion. Total Revenue: $6.6 billion, compared to $6.7 billion in the previous year. Gross Profit: $1.2 billion, with a gross margin improvement of 30 basis points to 18.5%. Same-Store Gross Profit: Increased by 3%. Total Store Gross Profit: Increased by 5% to $593 million. Customer Financial Services Per Unit Profit: Up 6% year-over-year. New Vehicle Unit Sales: Down 9% on a same-store basis and 8% on a total store basis. Used Vehicle Unit Sales: Decreased 5% on a same-store basis and 3% on a total store basis. AutoNation Finance Profit: $9 million for the quarter, with a portfolio ending at $2.45 billion. Capital Deployment: Approximately $350 million, including $300 million in share repurchases. Leverage Ratio: 2.57 times EBITDA, within the targeted range of 2 to 3 times. Warning! GuruFocus has detected 5 Warning Signs with AN. Is AN fairly valued? Test your thesis with our free DCF calculator. Release Date: May 01, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. AutoNation Inc (NYSE:AN) reported its fifth consecutive quarter of year-over-year growth in adjusted earnings per share, with an EPS of $4.69. The company generated $256 million of adjusted free cash flow, demonstrating strong cash conversion. After-Sales business delivered solid mid-single-digit growth, contributing significantly to gross profit. Customer Financial Services achieved a first-quarter record per unit profit, up 6% from the previous year. AutoNation Finance showed strong performance, generating $9 million of profit in the quarter and increasing its portfolio to $2.4 billion. New vehicle unit sales were down in line with the market, facing challenges from tariff-related announcements and BEV sales decline. Adjusted SG&A as a percentage of gross profit was higher than the targeted range, reflecting increased marketing and structural investments. Operating income decreased by 7% year-over-year, impacted by higher SG&A expenses. Used vehicle retail unit sales decreased by 5% on a same-store basis, indicating challenges in the used vehicle market. The company faced unfavorable self-insurance experience, including weather-...

AutoNation (AN) reported $6.55 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 2.1%. EPS of $4.69 for the same period compares to $4.68 a year ago. The reported revenue represents a surprise of -1.6% over the Zacks Consensus Estimate of $6.66 billion. With the consensus EPS estimate being $4.71, the EPS surprise was -0.43%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how AutoNation performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Retail vehicle unit sales - Total: 123,300 versus the four-analyst average estimate of 128,790. Revenue per vehicle retailed - New: $52,382.00 versus $52,208.53 estimated by four analysts on average. Revenue per vehicle retailed - Used: $27,646.00 compared to the $26,605.80 average estimate based on four analysts. Gross profit per vehicle retailed - Finance and insurance: $2,855.00 versus $2,722.82 estimated by four analysts on average. Retail vehicle unit sales - Used: 65,818 versus the four-analyst average estimate of 67,774. Revenue- Other: $4.4 million compared to the $4.58 million average estimate based on four analysts. The reported number represents a change of +29.4% year over year. Revenue- New Vehicle: $3.01 billion versus the four-analyst average estimate of $3.18 billion. The reported number represents a year-over-year change of -7.3%. Revenue- Used Vehicle: $1.96 billion compared to the $1.9 billion average estimate based on four analysts. The reported number represents a change of +2.2% year over year. Revenue- Parts and service: $1.22 billion versus the four-analyst average estimate of $1.21 billion. The reported number represents a year-over-year change of +4.9%. Revenue- Finance and insurance net: $352 million compared to the $350.49 million average estimate based on four analysts. The reported number represents a change of -0.1% year o...

AutoNation (AN) came out with quarterly earnings of $4.69 per share, missing the Zacks Consensus Estimate of $4.71 per share. This compares to earnings of $4.68 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -0.43%. A quarter ago, it was expected that this auto retailer would post earnings of $4.91 per share when it actually produced earnings of $5.08, delivering a surprise of +3.46%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. AutoNation, which belongs to the Zacks Automotive - Retail and Whole Sales industry, posted revenues of $6.55 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 1.6%. This compares to year-ago revenues of $6.69 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. AutoNation shares have added about 2.9% since the beginning of the year versus the S&P 500's gain of 5.3%. While AutoNation has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for AutoNation was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong...

Adjusted EPS $4.69 and the company generated $256 million of adjusted free cash flow, enabling disciplined capital deployment including roughly $300 million of share repurchases in the quarter (about $400M YTD and $1.1B since end of 2024). After‑Sales led results with a record first‑quarter gross profit of $593 million (same‑store gross profit +3% and a 48.6% margin), while Customer Financial Services per‑unit profitability rose 6% and AutoNation Finance scaled to a $2.45 billion portfolio with $9 million profit. New vehicle unit sales fell about 8–9% and BEV volumes declined more than 50% year‑over‑year, used mix shifted toward higher‑priced vehicles (ASP +5%), and management removed its 2026 outlook citing affordability and macro uncertainty that could pressure margins. Interested in AutoNation, Inc.? Here are five stocks we like better. 5 AI Infrastructure Stocks Smart Money Is Buying Before the Next Surge AutoNation (NYSE:AN) reported first-quarter 2026 results highlighted by its fifth consecutive quarter of year-over-year growth in adjusted earnings per share, as management pointed to strong execution in higher-margin parts of the business and continued cash generation despite industry headwinds. Chief Executive Officer Mike Manley said the quarter represented “a solid 1st quarter for AutoNation,” citing operating performance and “excellent consistent cash conversion,” which the company has used to deploy capital in a “disciplined way.” Adjusted EPS was $4.69, and the company generated $256 million of adjusted free cash flow. → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss These 3 ETFs Are Suitable for Ultra-Bearish Investors Management said the quarter was led by After-Sales, which produced a first-quarter record gross profit of $593 million. Manley said the segment delivered “solid mid-single-digit growth” despite some impact from adverse weather. Same-store gross profit increased 3% while total store gross profit rose 5%. Manley and Chief Financial Officer Thomas Szlosek described a mix shift inside After-Sales results. Manley said internal pay gross profit declined 6% due to lower industry volumes, but that was more than offset by customer pay gross profit growth of 8% and warranty-related gross profit growth of 7%. → Meta Posted Its Best Sales Growth Since 2021—So Why Did Shares Fall? Can ‘Year of Refresh’ Thesis Reignite Arista’s AI Gro...

Q1 2026 EPS $5.85 and Adjusted EPS $4.69 Record Q1 After-Sales gross profit; total store growth of 5% Record Q1 CFS gross profit per unit Substantial portfolio and profitability growth at AN Finance Sequential improvements in new and used vehicle unit profitability Share repurchases of $300 million in Q1 (4% share count reduction) FORT LAUDERDALE, Fla., May 01, 2026--(BUSINESS WIRE)--AutoNation, Inc. (NYSE: AN) today reported first quarter 2026 revenue of $6.6 billion, a decrease of 2% compared to the same period a year ago. For the quarter, EPS was $5.85, compared to $4.45 a year ago, and Adjusted EPS was $4.69, compared to $4.68 a year ago. Reconciliations of non-GAAP financial measures are included in the attached financial tables. "We are pleased to report our strong first quarter results highlighted by record gross profit in After-Sales and record unit profitability in Customer Financial Services. Unit profitability for new and used vehicles increased sequentially. These gains largely offset expected year‑over‑year declines in unit sales," said Mike Manley, Chief Executive Officer of AutoNation. "Adjusted earnings per share increased year-over-year for the fifth consecutive quarter, and strong cash flow conversion supported our continued deployment of capital toward share repurchases. AutoNation Finance continued to scale, growing its portfolio to $2.4 billion while improving profitability, credit performance, and debt funding. Our diversified earnings profile, flexible cost structure, and strong balance sheet and cash flows continue to support resilient performance and disciplined capital deployment to generate shareholder returns in a dynamic operating environment," Manley concluded. Operational Summary First Quarter 2026 compared to the year-ago period: Capital Allocation, Liquidity, and Leverage For the quarter, cash used in operating activities was $22 million, auto loans receivable, net, increased $254 million, capital expenditures were $56 million, and adjusted free cash flow was $256 million, or 155% of adjusted net income. During the quarter, AutoNation repurchased 1.5 million shares of common stock for an aggregate purchase price of $300 million, or $201 per share. Year-to-date through April 29, 2026, AutoNation repurchased 1.9 million shares, for an aggregate purchase price of $391 million, or $201 per share, and has more than $685 million of...

FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — AutoNation Inc. (AN) on Friday reported first-quarter earnings of $205.4 million. On a per-share basis, the Fort Lauderdale, Florida-based company said it had profit of $5.85. Earnings, adjusted for non-recurring gains, were $4.69 per share. The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.71 per share. The auto retailer posted revenue of $6.55 billion in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $6.66 billion. AutoNation shares have risen roughly 3% since the beginning of the year, while the S&P's 500 index has climbed slightly more than 5%. The stock has climbed 22% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AN at https://www.zacks.com/ap/AN