AutoNation expects the impact on its earnings from Toyota's <7203.T> massive recall campaign to be less than 1 cent in the first quarter and nil in the second quarter, Chief Executive Mike Jackson said.
Net income slipped to $61.7 million, or 35 cents per share, in the fourth quarter, from $67.1 million, or 38 cents per share, a year earlier. Revenue rose 8 percent to $2.8 billion.
Excluding one-time items, AutoNation reported earnings from continuing operations of 29 cents per share. Analysts on average expected 27 cents, according to Thomson Reuters
(Reporting by David Bailey; editing by John Wallace)