AutoNation Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported net income from continuing operations of $82.9 million or $0.67 per diluted share, compared to net income from continuing operations of $69.9 million or $0.50 per diluted share for the same period a year ago. Total revenue was $4,173.5 million compared to $3,678.4 million for the same period a year ago. Operating income was $168.7 million compared to $143.5 million a year ago. Income from continuing operations before income taxes were $135.0 million compared to $112.8 million for the same period a year ago. Net income was $83.2 million or $0.67 per diluted share compared to $69.4 million or $0.49 per diluted share a year ago. Capital expenditures were $60.8 million compared to $44.5 million a year ago. AutoNation's retail new vehicle unit sales increased 17% on a same store basis and were up 18% overall. Adjusted net income was $82.9 million or $0.67 per diluted share compared to $71.3 million or $0.51 per diluted share a year ago period.

For the full year, the company reported net income from continuing operations of $317.3 million or $2.52 per diluted share, compared to net income from continuing operations of $284.2 million or $1.93 per diluted share for the same period a year ago. Total revenue was $15,668.8 million compared to $13,832.3 million for the same period a year ago. Operating income was $645.3 million compared to $572.0 million a year ago. Income from continuing operations before income taxes were $516.8 million compared to $461.3 million for the same period a year ago. Net income was $316.4 million or $2.52 per diluted share compared to $281.4 million or $1.91 per diluted share a year ago. Capital expenditures were $183.6 million compared to $158.1 million a year ago. Adjusted net income from continuing operations of $320 million, or $2.54 per share, compared to adjusted net income from continuing operations of $286 million, or $1.94 per share in the prior year, an improvement of 31% on a per-share basis.