Asbury Automotive earnings slip

Newswire

(Adds results, comment) NEW YORK, April 24 (Reuters) - Automotive retail and service company Asbury Automotive Group Inc said on Thursday quarterly earnings sagged because of weak market conditions, particularly in Florida and California. Net earnings totaled $10.5 million, or 33 cents per share, compared with $400,000, or 1 cent per share, for the first quarter a year ago. The company said it was taking into account charges for the year-ago quarter of 32 cents per share related to a ...

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