AutoNation (AN) Tops Q4 EPS by 18c

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AutoNation Reports All-Time Record Quarterly and All-Time Record Full Year EPS

February 3, 2017 7:02 AM EST

FORT LAUDERDALE, Fla., Feb. 3, 2017 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today reported fourth quarter 2016 net income from continuing operations of $116 million, or $1.14 per share, which includes a $20 million after-tax gain, or $0.19 per share, related to a business divestiture. Fourth quarter 2015 net income from continuing operations totaled $98 million, or $0.87 per share.

Fourth quarter 2016 revenue totaled $5.5 billion compared to $5.3 billion in the year-ago period. Fourth quarter 2016 gross profit of $809 million was relatively flat with the year-ago period gross profit of $812 million.

Share RepurchaseDuring 2016, AutoNation... More