AutoNation CEO Mike Jackson on Q4 earnings beat, outlook

CNBC Television published this video item, entitled “AutoNation CEO Mike Jackson on Q4 earnings beat, outlook” – below is their description.

AutoNation posted its fourth-quarter results Tuesday, beating estimates by 42 cents a share, with quarterly profit of $2.43 per share. Revenue also came in above estimates as demand remains high amid tight inventories. The auto retailer also announced the addition of $1 billion to its share repurchase program, and its shares are up 1.9% in premarket trading. AutoNation CEO Mike Jackson joined “Squawk Box” on Tuesday to discuss.

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