AutoNation (AN) Misses Q4 EPS by 13c

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AutoNation Reports 2018 Fourth Quarter and Full Year Results

February 22, 2019 7:00 AM EST

FORT LAUDERDALE, Fla., Feb. 22, 2019 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today reported fourth quarter 2018 net income from continuing operations of $93 million, or $1.02 per share. Restructuring-related charges of $0.08 per share, or approximately $9 million, were incurred during the fourth quarter of 2018.  Fourth quarter 2017 net income from continuing operations totaled $152 million, or $1.64 per share. Fourth quarter 2017 EPS from continuing operations included a benefit of $0.45 per share due to the enactment of the federal tax reform bill.

Fourth Quarter Results Fourth quarter 2018 revenue totaled $5.4 billion compared to $5.7 billion in the year-ago... More