AutoNation, Inc. (NYSE:AN) reported second-quarter adjusted earnings per share of $3.99, missing the analyst consensus of $4.34. Quarterly sales of $6.48 billion missed the analyst consensus of $6.72 billion. The quarterly performance was adversely impacted by the outage of AutoNation’s dealer management system due to a cyber incident experienced by CDK Global, which reduced earnings per share by an estimated $1.55, including $0.79 of one-time costs. “An otherwise strong quarter for AutoNation was masked by the CDK outage,” said Mike Manley, AutoNation’s Chief Executive Officer. AutoNation reported a decline in revenue across several ...