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.
$车之国公司 (AN.US)$ 周五最后一次支票时，该股的交易价格上涨了10.52％，至每股177.44美元。该变动是在报告称2024年第一季度销售额同比增长1％至64.8亿美元之后发生的。这略低于分析师共识估计的64.9亿美元。
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%.
售后服务的持续增长和新车收入的增加足以抵消二手车收入的下降。新车零售单位的销售增长了7％，二手车零售单位的销售下降了2％。
Segment income from Domestic fell 37% Y/Y, Import dropped 20%, and Premium Luxury dropped 24%.
国内细分市场收入同比下降37％，进口下降20％，高级奢侈品下降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11.9亿美元，毛利率同比收缩160个基点至18.5％。售后毛利增长了9％，达到5.56亿美元。
Operating margin for the quarter was 5.2%, and the operating income was $340.3 million, a 23.2% decrease Y/Y.
该季度的营业利润率为5.2％，营业收入为3.403亿美元，同比下降23.2％。
EPS of $4.49 beat the consensus estimate of $4.27.
每股收益为4.49美元，超过了市场普遍预期的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，现金及等价物总额为6,030万美元。截至2024年4月24日，AutoNation已回购了160万股股票，总收购价为2.5亿美元。
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.
董事会授权根据其股票回购计划再回购多达10亿美元的普通股，该计划下约有11亿美元的普通股。