DETROIT, Jan 29 (Reuters) - Auto dealership group AutoNation said on Thursday that profit rose 30 percent in the fourth quarter on cost-cuts and a gain from a tax adjustment. The company's earnings rose to $67.1 million, or 38 cents per share, from $51.7 million, or 28 cents per share, a year ago. Adjusted income from continuing operations was 12 cents per share, or 2 cents higher than the average estimate of Wall Street analysts, according to Reuters Estimates Revenue fell to $2.7 ...
Premium Content (PAID Subscription Required)
"UPDATE 1-AutoNation profit rises 30 pct in fourth quarter" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642