AutoNation retailed 58,103 used vehicles in the first quarter, down 0.9 percent from Q1 of 2015, according to the company’s earnings report released Friday.

Revenue per used unit retailed was $19,274, up 3.3 percent year-over-year. Gross profit per retail used vehicle, however, was down 7.7 percent at $1,613.

Looking at overall results, total revenue climbed 4 percent to $5.1 billion.

Earnings per share from continuing operations fell 7 percent to $0.90. This figure was negatively impacted by $0.03 per share in hail-related expenses and ”a shift of approximately $0.03 per share in stock-based compensation expense into the first quarter, due to a change from quarterly to annual stock option grants,” the company said in its release.

AutoNation chairman, chief executive officer and president Mike Jackson said in the news release: “As we stated last quarter, the market is in a plateau environment. Industry retail sales for the quarter were flat despite year over year manufacturer incentive increases of 14 percent, new-vehicle sales lease penetration over 30 percent, and high retail inventories. We still believe the industry will be above 17 million units for the year.”