AutoNation Inc., one of the biggest car dealership chains in the US, beat analysts’ fourth-quarter profit and sales expectations as demand for new vehicles helped counter softness in the used end of the market.
Adjusted earnings were $5.02 a share in the year-end period, the company said Tuesday in a statement. That was better than the $4.93 average of analyst estimates compiled by Bloomberg. Revenue rose to $6.77, compared with the $6.69 billion projected by…
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