United Auto raises outlook, cites unexpected gain

Newswire

CHICAGO, Jan 23 (Reuters) - Car dealership owner United Auto Group Inc. on Monday raised its fourth-quarter and full 2005 earnings per share forecasts after an unexpected gain of 11 cents per share from extended service contracts. UnitedAuto raised both forecasts by 11 cents per share from its prior outlook, pushing the fourth-quarter range to 62 cents to 67 cents and the full 2005 range to $2.51 to $2.56. Analysts on average expect UnitedAuto to earn 53 cents per share in the fourth ...

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