Mid-Day Market Update: Crude Oil Dips 6%; Cytokinetics Shares Spike Higher
Midway through trading Monday, the Dow traded down 2.28% to 33,896.40 while the NASDAQ fell 1.31% to 14,238.93. The S&P also fell, dropping 1.74% to 4,251.79.
Mid-Morning Market Update: Markets Open Lower; AutoNation Profit Beats Estimates
Following the market opening Monday, the Dow traded down 2.31% to 33,885.81 while the NASDAQ fell 1.67% to 14,186.04. The S&P also fell, dropping 1.94% to 4,243.38.
AutoNation Q2 Result Smashes Estimates; Announces $1B Share Buyback
Automotive retailer AutoNation Inc (NYSE: AN) reported second-quarter FY21 sales growth of 54% year-on-year to $6.98 billion, beating the analyst consensus of $6.02 billion.
AutoNation: Q2 Earnings Insights
Shares of AutoNation (NYSE:AN) decreased 0.0% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 242.55% over the past year to $4.83, which beat the estimate of $2.58.
AutoNation Q2 EPS $4.83 Beats $2.58 Estimate, Sales $6.98B Beat $6.02B Estimate
AutoNation (NYSE:AN) reported quarterly earnings of $4.83 per share which beat the analyst consensus estimate of $2.58 by 87.21 percent. This is a 242.55 percent increase over earnings of $1.41 per share from the same
Earnings Scheduled For July 19, 2021
Companies Reporting Before The Bell
• Bank of Marin (NASDAQ:BMRC) is expected to report quarterly earnings at $0.61 per share on revenue of $24.73 million.
AutoNation Earnings Preview
On Monday, July 19, AutoNation (NYSE:AN) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
AutoNation’s Debt Overview
Over the past three months, shares of AutoNation (NYSE:AN) rose by 10.48%. Before we understand the importance of debt, let us look at how much debt AutoNation has.