NYSE$AN

AutoNation · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

AutoNation reported all-time record quarterly and full year EPS from continuing operations.

AutoNation reported Q4 2019 net income from continuing operations of $158 million, or $1.74 per share, marking an all-time record. The quarter included net gains from store and property divestitures and a non-cash gain related to an investment in Vroom.

  • Q4 2019 EPS from continuing operations was an all-time record $1.74, up 71% compared to Q4 2018.
  • Net income included net gains from store and property divestitures of $20 million after-tax, or $0.22 per share, and a non-cash gain related to investment in Vroom of $19 million after-tax, or $0.21 per share.
  • Same store revenue was up 4% and same store gross profit was up 7% compared to the same period a year ago.
  • Same store Used Vehicle gross profit was up 21% compared to the same period a year ago.

Headline financials

Total Revenue

$5.55B

Previous: $5.41B+2.5%
EPS (adj)

$1.31

Previous: $1.10+19.1%
New Vehicle Retail Unit Sales

74.4K

No prior period
Used Vehicle Retail Unit Sales

59.0K

No prior period
Revenue per New Vehicle Retailed

$40.7K

No prior period
Revenue per Used Vehicle Retailed

$21.4K

No prior period
Gross Profit per New Vehicle Retailed

$1.85K

No prior period
Gross Profit per Used Vehicle Retailed

$1.43K

No prior period
F&I Gross Profit per Vehicle

$1.99K

Previous: $1.84K+8.1%
Total Variable Ops Gross Profit/Vehicle

$3.65K

No prior period
Capital Expenditures

$83M

Previous: $104M-20.0%
Free Cash Flow

$20.7M

Previous: -$128M+116.2%
Net Income

$158M

Previous: $92.7M+70.1%
Operating Income

$236M

Previous: $197M+19.5%
Gross Profit

$896M

Previous: $848M+5.6%
Cash & Equivalents

$42M

Previous: $48.6M-13.6%
Total Assets

$3.31B

Previous: $10.7B-69.0%
Stock-Based Comp

$3M

Previous: $3.5M-14.3%

Revenue & EPS history

AutoNation · Revenue · Quarterly

$5.55B

Q4 2019+2.5%vs Q4 2018
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

AutoNation · $5.55B total across 5 segments · Q4 2019

  • New vehicle
    $3.03B
  • Used vehicle
    $1.34B
  • Parts and service
    $891M
  • Finance and insurance, net
    $265M
  • Other
    $22.2M

Forward guidance

This news release contains forward-looking statements that reflect current expectations concerning future results and events. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.4%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.9%

Avg return

30 days after

49%

33 / 68 earnings

Positive

+16.1%

Q2 2019

Best reaction

-15.1%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%-3.6%-11.7%
Q4 2025+6.2%+1.9%-5.5%
Q3 2025-3.6%-8.9%-4.4%
Q1 2025+1.0%+0.5%+5.1%
Q4 2024+1.3%+0.0%-18.7%
Q3 2024-3.2%-2.5%+5.7%
Q2 2024+2.5%-7.4%-0.8%
Q1 2024+3.1%+1.5%+5.8%
Q4 2023-6.3%-7.2%+0.9%
Q3 2023-0.9%+1.9%+3.6%
Q2 2023-15.1%-11.8%-10.7%
Q1 2023-2.2%-5.3%-2.3%
Q4 2022+1.5%+1.8%-10.4%
Q3 2022+3.6%+9.1%+17.4%
Q2 2022-4.2%-9.1%+2.8%
Q1 2022+0.7%+10.0%+2.6%
Q4 2021-1.2%-5.2%+6.6%
Q3 2021+11.6%+7.2%+0.8%
Q2 2021+11.3%+13.8%+10.8%
Q1 2021-2.1%+4.6%+1.0%
Q4 2020+0.8%+0.4%+15.1%
Q3 2020-1.2%-3.2%-4.1%
Q2 2020+12.0%+11.7%+18.9%
Q1 2020-4.0%-6.8%+6.3%
Q4 2019+9.1%+8.6%-24.9%
Q3 2019-0.4%-0.1%+0.4%
Q2 2019+16.1%+16.6%+13.3%
Q1 2019+7.0%+3.8%+0.5%
Q4 2018-6.8%-9.5%-12.5%
Q3 2018-4.0%-3.5%-11.9%
Q2 2018-4.5%-1.5%-6.6%
Q1 2018+2.1%+2.7%-1.1%
Q4 2017-5.0%-9.6%-17.5%
Q3 2017+12.8%+11.2%+15.6%
Q2 2017-7.7%-3.9%+8.5%
Q1 2017-2.1%-4.7%-11.7%
Q4 2016-6.4%-8.0%-11.5%
Q3 2016-4.7%-8.9%-2.7%
Q2 2016-0.6%-5.5%-8.7%
Q1 2016+3.1%
Q4 2015-1.8%
Q3 2015+2.3%
Q2 2015-3.6%
Q1 2015+0.1%
Q4 2014+5.8%
Q3 2014+7.3%
Q2 2014-5.6%
Q1 2014+1.6%
Q4 2013+5.1%
Q3 2013+1.2%
Q2 2013-1.6%
Q1 2013+3.2%
Q4 2012+6.3%
Q3 2012-7.1%
Q2 2012-6.5%
Q1 2012+3.9%
Q4 2011-2.7%
Q3 2011+7.5%
Q2 2011+8.3%
Q1 2010-3.3%
Q1 2011-0.3%
Q4 2010+3.7%
Q4 2008+3.7%
Q3 2010-6.4%
Q3 2009-6.4%
Q2 2010-1.7%
Q2 2009-1.7%
Q4 2009-1.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro