AutoNation Q3 EPS falls to $4.61 from $5.54; revenue down 4% to $6.6 billion
AutoNation reported third-quarter 2024 results for the quarter ended September 30, 2024, with revenue of $6.6 billion, down 4% from a year earlier, and diluted EPS of $4.61 versus $5.54. The company said residual effects of the July CDK outage reduced EPS by an estimated $0.21, and adjusted EPS of $4.02 excluded $0.59 of net favorable items, mainly gains on dispositions.
Key points
- Diluted EPS $4.61 vs. $5.54 a year earlier; adjusted EPS $4.02 vs. $5.54
- Revenue $6.6 billion, down $307 million; net income $185.8 million, down 24%
- Company estimated the July CDK outage's residual effects reduced EPS by $0.21
- $156 million net divestiture proceeds and $53.9 million pre-tax gain; $965 million left on buyback program
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 25, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.