DETROIT, April 27 (Reuters) - Car dealership group AutoNation Inc. on Thursday posted 10 percent lower first-quarter net earnings due to losses from discontinued operations.
The largest U.S. automotive retailer said net income fell to $87.2 million, or 33 cents per share, from $97 million, or 36 cents per share, a year earlier.
AutoNation said income from continuing operations was 37 cents a share, meeting Wall Street analysts' expectations.