AutoNation Inc. (AN) on Tuesday reported fourth-quarter profit of $116.7 million.
The Fort Lauderdale, Florida-based company said it had net income of $1.02 per share.
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The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share.
The auto retailer posted revenue of $5.05 billion in the period, also beating Street forecasts. Analysts expected $4.9 billion, according to Zacks.
For the year, the company reported profit of $418.7 million, or $3.52 per share. Revenue was reported as $19.11 billion.
AutoNation shares have dropped almost 2 percent since the beginning of the year, while the Standard & Poor's 500 index has fallen roughly 2 percent. The stock has climbed 20 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AN at http://www.zacks.com/ap/AN
Keywords: AutoNation, Earnings Report