DETROIT, Oct 28 (Reuters) - Car dealership group AutoNation Inc. said on Thursday that it will no longer provide forecasts for its quarterly or annual earnings, but expects long-term to achieve earnings per share growth of 10 to 12 percent annually. "In the future, we'll no longer provide quarterly or yearly per share guidance," and will instead emphasize the long-term outlook, AutoNation Chief Executive Mike Jackson told reporters and analysts on a conference call.
Premium Content (PAID Subscription Required)
"AutoNation to stop forecasts, sees earnings growth" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.