AutoNation Shares Spike 10% After Sales Report Shows New Vehicle Sales Increased In Q1
AutoNation Shares Spike 10% After Sales Report Shows New Vehicle Sales Increased In Q1
$AutoNation (AN.US)$ stock is trading higher by 10.52%, at $177.44 per share on last check Friday. The movement comes on the heels of a reported first-quarter 2024 sales growth of 1% year-on-year to $6.48 billion. That slightly misses the analyst consensus estimate of $6.49 billion.
$車之國公司 (AN.US)$ 週五最後一次支票時，該股的交易價格上漲了10.52％，至每股177.44美元。該變動是在報告稱2024年第一季度銷售額同比增長1％至64.8億美元之後發生的。這略低於分析師共識估計的64.9億美元。
Continued growth in after-sales and increased New Vehicle revenue more than offset lower Used Vehicle revenue. New vehicle retail unit sales increased 7%, and used vehicle retail unit sales declined grew 2%.
售後服務的持續增長和新車收入的增加足以抵消二手車收入的下降。新車零售單位的銷售增長了7％，二手車零售單位的銷售下降了2％。
Segment income from Domestic fell 37% Y/Y, Import dropped 20%, and Premium Luxury dropped 24%.
國內細分市場收入同比下降37％，進口下降20％，高級奢侈品下降24％。
Gross profit declined 7% Y/Y to $1.19 billion, and the gross profit margin contracted 160 basis points Y/Y to 18.5%. After-sales gross profit increased 9% to $556 million.
毛利同比下降7％，至11.9億美元，毛利率同比收縮160個點子至18.5％。售後毛利增長了9％，達到5.56億美元。
Operating margin for the quarter was 5.2%, and the operating income was $340.3 million, a 23.2% decrease Y/Y.
該季度的營業利潤率爲5.2％，營業收入爲3.403億美元，同比下降23.2％。
EPS of $4.49 beat the consensus estimate of $4.27.
每股收益爲4.49美元，超過了市場普遍預期的4.27美元。
Cash and equivalents totaled $60.3 million as of March 31, 2024. Year-to-date through April 24, 2024, AutoNation had repurchased 1.6 million shares for an aggregate purchase price of $250 million.
截至2024年3月31日，現金及等價物總額爲6,030萬美元。截至2024年4月24日，AutoNation已回購了160萬股股票，總收購價爲2.5億美元。
The Board of Directors authorized the repurchase of up to an additional $1 billion of common stock under its share repurchase program and has approximately $1.1 billion under the program.
董事會授權根據其股票回購計劃再回購多達10億美元的普通股，該計劃下約有11億美元的普通股。