UPDATE 1-Car dealer Asbury qtrly profit falls 8 percent

Newswire

(Adds details) DETROIT, April 26 (Reuters) - Car dealership company Asbury Automotive Group Inc on Tuesday posted lower quarterly earnings on restructuring costs, but revenue jumped nearly 14 percent. New York-based Asbury said net earnings fell about 8 percent to $9.6 million, or 29 cents per share, from $10.4 million, or 32 cents per share, in the year-ago quarter. Net income included a pretax charge of $3.6 million for restructuring, the company said. Excluding the charge, the ...

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