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AutoNation (AN) Stock Up on Mixed Q2 Results

NEW YORK (TheStreet) -- Shares of AutoNation (AN) are increasing 3.28% to $53.83 today after the vehicle retailer posted mixed second quarter results before Friday's market open.

AutoNation posted earnings of $1.08 per share, surpassing analysts estimated $1.05 per share. Revenue rose 4% year-over-year to $5.44 billion, but fell short of analysts projected $5.5 billion.

Last year, the company reported earnings of $1 per share on revenue of $5.22 billion for the second quarter.

"The Takata airbag recall continues to be disruptive to our business," said AutoNation CEO Mike Jackson in a statement...


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