AutoNation Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - AutoNation Inc. (AN) announced a profit for its second quarter that rose from last year.

The company's profit came in at $384.8 million, or $4.83 per share. This compares with $279.8 million, or $3.18 per share, in last year's second quarter.

Excluding items, AutoNation Inc. reported adjusted earnings of $384.9 million or $4.83 per share for the period.

Analysts had expected the company to earn $2.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 54.1% to $6.98 billion from $4.53 billion last year.

AutoNation Inc. earnings at a glance:

-Earnings (Q2): $384.9 Mln. vs. $123.9 Mln. last year. -EPS (Q2): $4.83 vs. $1.41 last year. -Analysts Estimate: $2.58 -Revenue (Q2): $6.98 Bln vs. $4.53 Bln last year.