AutoNation's Q2 EPS Estimate Revised Following Cyber Incident

Monday, 15 July 2024, 10:50

AutoNation has revised its Q2 EPS estimate after a cyber incident impacted its DMS and core functions. The update reflects the negative impact on Q2 performance due to outages.

Seeking Alpha — AutoNation's Q2 EPS Estimate Revised Following Cyber Incident

AutoNation Updates Q2 EPS Estimate

AutoNation (AN) has provided an update on its Q2 performance following a cyber incident that disrupted its DMS and core functions.

Negative Impact on Q2

Outages: The cyber incident resulted in outages affecting key functions, which has had a negative impact on the company's Q2 performance.

The updated estimate reflects the challenges faced due to the cyber incident and its repercussions on AutoNation's operations.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.