AutoNation reported record fourth-quarter results, with EPS of $5.87, up 239% year-over-year, and adjusted EPS of $5.76, up 137% year-over-year. Revenue for the quarter was $6.6 billion, an increase of 14% driven by a 55% increase in used vehicle revenue.
Record fourth quarter GAAP EPS of $5.87, up 239% year-over-year.
Adjusted EPS was $5.76, an increase of 137% year-over-year.
Revenue was $6.6 billion, an increase of 14% year-over-year.
Used vehicle revenue increased 55% year-over-year.
AutoNation expects consumer demand for personal vehicle ownership to remain strong for the foreseeable future and is accelerating its self-sustaining used vehicle business to meet this demand.
Visualization of income flow from segment revenue to net income