AutoNation raises gain foresee
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DETROIT (Reuters) - AutoNation Inc (AN.N), the largest U.S. automobile dealership group, lifted the first-quarter gain foresee on Tuesday and left income and alternative outlooks intact, promulgation the shares up scarcely 3 percent.
AutoNation pronounced it right away expects gain from stability operations of 32 to 35 cents per share, up from the before foresee for gain of twenty-nine to 32 cents per share.
Analysts on normal have approaching AutoNation to inform gain of 31 cents per share on that basis, according to Thomson Reuters I/B/E/S.
Shares of Fort Lauderdale, Florida-based AutoNation were trade at $18.54 per share, up 2.8 percent.
AutoNation will issue the first-quarter gain on Apr 22.
(Reporting by Bernie Woodall, modifying by Gerald E. McCormick)