February 22, 2019 / 12:10 PM / a year ago

AutoNation's fourth-quarter revenue falls 4.8 percent

Feb 22 (Reuters) - AutoNation Inc reported a 4.8 percent fall in fourth-quarter revenue on Friday, as the largest U.S. auto retail chain sold fewer new vehicles.

AutoNation’s net income from continuing operations fell to $92.9 million, or $1.02 per share, for the quarter ended Dec. 31 from $151.5 million, or $1.64 per share, a year earlier, when it had a $41 million benefit related to changes in the U.S. tax law.

Revenue fell to $5.41 billion from $5.68 billion. (Reporting by Rama Venkat in Bengaluru; Editing by James Emmanuel)

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