Q1 2021
For quarter ended March 31, 2021
Latest Financial Results
$2.8B
Record first quarter revenues of $2.8 billion, up 20.7%, and record first quarter income from continuing operations before taxes of $72.6 million, compared to a loss before taxes of $243.2 million in the first quarter of 2020, which included a $268.0 million non-cash goodwill impairment charge (excluding the effect of this prior year goodwill impairment charge, pre-tax earnings increased 193.1%)
$53.7M
Record first quarter reported earnings from continuing operations of $53.7 million ($1.23 per diluted share), compared to a loss of $199.1 million (loss of $4.67 per diluted share) and adjusted earnings from continuing operations* of $17.6 million ($0.40 per diluted share) in the first quarter of 2020
8.5%
All-time record quarterly total Finance & Insurance (“F&I”) gross profit per retail unit of $2,045, up 8.5%
All-time record quarterly EchoPark revenues of $507.1 million, up 52.9%
All-time record quarterly EchoPark retail sales volume of 19,670, up 40.6%
EchoPark pre-tax earnings of $2.0 million and Adjusted EBITDA* of $6.2 million
For complete information regarding our financials, see our periodic filings