AutoNation, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 21, 2021 at 05:10 pm EDT
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AutoNation, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported revenue was USD 6,379.5 million compared to USD 5,404.9 million a year ago. Net income was USD 361.7 million compared to USD 182.6 million a year ago. Basic earnings per share from continuing operations was USD 5.17 compared to USD 2.07 a year ago. Diluted earnings per share from continuing operations was USD 5.12 compared to USD 2.05 a year ago. Basic earnings per share was USD 5.17 compared to USD 2.07 a year ago. Diluted earnings per share was USD 5.12 compared to USD 2.05 a year ago.
For the nine months, revenue was USD 19,261.7 million compared to USD 14,604.9 million a year ago. Net income was USD 985.9 million compared to USD 230.1 million a year ago. Basic earnings per share from continuing operations was USD 12.76 compared to USD 2.59 a year ago. Diluted earnings per share from continuing operations was USD 12.63 compared to USD 2.59 a year ago. Basic earnings per share was USD 12.75 compared to USD 2.59 a year ago. Diluted earnings per share was USD 12.62 compared to USD 2.59 a year ago.
AutoNation, Inc., through its subsidiaries, is an automotive retailer in the United States. The Company operates through three segments: Domestic, Import and Premium Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford, and Stellantis. Its Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda, Hyundai, Subaru, and Nissan. Its Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW, Audi, Lexus, Jaguar, Bentley, and Land Rover. The franchises in each segment also sell used vehicles, parts and automotive repair and maintenance services, and automotive finance and insurance products. It owns and operates approximately 349 new vehicle franchises from 252 stores located in the United States, primarily in metropolitan markets in the Sunbelt region.
AUTONATION, INC. 
