AutoNation reports Q1 EPS $6.07, consensus $5.74

Reports Q1 revenue $6.4B, consensus $6.63B. "In addition to delivering solid results in our core business, we made significant progress in growing the AutoNation brand to extend our reach and cover a broader part of the value chain. We are executing our strategy to be the nation’s most comprehensive services provider throughout the consumer transportation lifecycle. We provide our 11 million Customers with an increasingly comprehensive, convenient, and transparent experience. During the quarter, the RepairSmith acquisition and opening of our two newest AutoNation USA stores further expanded our product and service offerings. The strength of our core business and addition of products and services like AutoNation Finance combined with expense management and disciplined capital allocation position AutoNation for long-term sustained profitability and shareholder value creation," added Manley.