UPDATE 1-Asbury 1st-qtr operating earnings rise


(Adds raised company forecast, details, background; changes dateline, previously NEW YORK) DETROIT, April 25 (Reuters) - Asbury Automotive Group Inc on Wednesday posted a 12-percent rise in quarterly operating profit, but saw a sharp drop in net earnings on charges related to a refinancing and the retirement of the car dealership chain's chief executive. Revenue rose 4 percent to $1.42 billion from $1.37 billion driven by sales gains for used cars and vehicle financing. Asbury, the ...

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