AutoNation (NYSE: AN ) is expected to report Q3 earnings on Oct. 25. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict AutoNation's revenues will expand 12.8% and EPS will increase 37.5%.
The average estimate for revenue is $3.96 billion. On the bottom line, the average EPS estimate is $0.66.
Last quarter, AutoNation reported revenue of $3.90 billion. GAAP reported sales were 17% higher than the prior-year quarter's $3.34 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.66. GAAP EPS of $0.64 for Q2 were 33% higher than the prior-year quarter's $0.48 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 16.1%, 140 basis points worse than the prior-year quarter. Operating margin was 4.3%, about the same as the prior-year quarter. Net margin was 2.0%, 20 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $15.35 billion. The average EPS estimate is $2.48.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 171 members out of 234 rating the stock outperform, and 63 members rating it underperform. Among 68 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give AutoNation a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on AutoNation is hold, with an average price target of $34.00.
If you're invested in retailers like AutoNation, you should check out the concept that is The Motley Fool's top stock for 2012. Its founder wrote the book on big box retailing, and it's growing in increasingly important international markets. Click here for instant access to this free report.
- Add AutoNation to My Watchlist.