UPDATE 1-Lithia Automotive net falls 4.7 pct


* Posts net profit of $1.27 mln, from $1.33 mln year-ago * Q1 adjusted EPS 9 cts, versus Wall St expectation 6 cts * Revenue up 13 pct to $463 mln, driven by used car sales LOS ANGELES, April 27 (Reuters) - Lithia Motors Inc , a top 10 U.S auto dealership group, said on Tuesday that quarterly profit fell by 4.7 percent from a year ago, but that revenue rose by 13 percent, helped by used car sales. Oregon-based Lithia posted net income of $1.27 million, or 5 cents per share, compared ...

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