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Investing.com - AutoNation, Inc. (NYSE:AN) reported first quarter 2025 results on Friday that surpassed analyst expectations, with earnings per share (EPS) of $4.45, beating estimates by $0.18.
The company’s revenue for the quarter reached $6.69 billion, exceeding the consensus estimate of $6.51 billion.
The automotive retailer saw a 4% increase in revenue on a same-store basis compared to the same period last year, primarily driven by a 10% growth in new vehicle sales.
Adjusted EPS rose 4% to $4.68, while GAAP EPS slightly decreased by 1% to $4.45 compared to the prior year.
The company reported record After-Sales gross profit of $568 million for the quarter.
AutoNation also completed acquisitions totaling $70 million, which are expected to add $220 million in annualized revenue to its Domestic and Import segments.
During the quarter, AutoNation continued its share repurchase program, buying back $225 million worth of shares.
The company’s strong cash flow generation and balance sheet position have allowed it to pursue both share repurchases and accretive acquisitions.
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