WASHINGTON (dpa-AFX) - (Adds Share buyback)

AutoNation  Inc. (AN) revealed a profit for first quarter that decreased from
the same period last year but  beat the Street estimates.

The company's earnings totaled $190.1 million, or $4.49 per share. This
compares with $288.7 million, or $6.07 per share, in last year's first quarter.

Analysts on average had expected the company to earn $4.27 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 1.4% to $6.49 billion from $6.40
billion last year.

Share repurchase

AutoNation announced that the Board of Directors authorized the repurchase of up
to an additional $1.0 billion of common stock under its share repurchase
program. The firm currently has approximately $1.1 billion under the program.

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