Sonic Automotive quarterly earnings rise


DETROIT, Feb 27 (Reuters) - Car dealer Sonic Automotive Inc. on Tuesday said quarterly earnings rose, boosted by improved revenues. The Charlotte, North Carolina, company said fourth-quarter profit was $23.2 million, or 52 cents a share, as compared with $20.9 million, or 48 cents a share, a year earlier. The company earned 63 cents a share from continuing operations, above Wall Street expectations for 60 cents.

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