AutoNation Inc. (AN) reported third quarter EPS of $1.00 Thursday morning, compared to $1.05 in the prior year period. The consensus estimate was for EPS of $0.84.
AutoNation gapped open higher Thursday and rose sharply in early trade, before settling into a range. The stock closed up by 7.05 at $54.65 on above average volume. AutoNation broke out past resistance and set a new high for the year.
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