U.S. Markets closed

Rush Enterprises posts 4Q profit

NEW BRAUNFELS, Texas (AP) _ Rush Enterprises Inc. (RUSHB) on Wednesday reported fourth-quarter net income of $105.9 million.

The New Braunfels, Texas-based company said it had profit of $2.54 per share. Earnings, adjusted for non-recurring gains, were 63 cents per share.

The commercial vehicle retailer posted revenue of $1.21 billion in the period.

For the year, the company reported profit of $172.1 million, or $4.20 per share. Revenue was reported as $4.71 billion.

Rush Enterprises shares have dropped slightly more than 4 percent since the beginning of the year. The stock has risen 49 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RUSHB at https://www.zacks.com/ap/RUSHB