Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily

Earnings Season Watch List: Autonation

Autonation is expected to report earnings on Jul. 19. The stock is now trading 3% below the 107.09 buy point from a third-stage consolidation that it cleared earlier.

Be aware that buying close to when a stock reports is risky. You don't know how the stock will report and how the market will react, and you don't have enough time to build a profit cushion. You can reduce your exposure by waiting to see the actual numbers and the market's reaction.

Looking For The Best Stocks To Buy And Watch? Start Here

Top and bottom line growth moved higher last quarter. Earnings were up 207%, compared to 94% in the prior report. Revenue increased from 4% to 27%.

Analysts are looking for earnings growth of 89% for the quarter, and 46% growth for the full year.

Autonation has a 94 Composite Rating and earns the No. 1 rank among its peers in the Retail/Wholesale-Auto Parts industry group. Lithia Motors and Asbury Automotive are also among the group's highest-rated stocks.

Note: Dates for earnings reports are subject to change. Check the company's website for any updates.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.