Shares of automotive retailer AutoNation, Inc. (AN) are rising more than 11% in the morning trade on Thursday following better-than-expected third quarter results.
Third quarter 2021 net income from continuing operations was $361.7 million, or $5.12 per share compared with $182.6 million, or $2.05 per share in the same quarter a year ago. On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $4.2 per share for the quarter.
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