UPDATE 2-Asbury Automotive revenue up 17 percent

Newswire

* Q1 EPS ex-items 27 cents vs Wall St view 15 cents * Q1 revenue $960 million up 17 pct from yr ago * Shares jump more than 18 percent (Adds CEO comments, same-store, brand sales figures) By Bernie Woodall DETROIT, April 29 (Reuters) - Asbury Automotive Group Inc posted stronger-than-expected quarterly earnings on Thursday on rebounding new and used vehicle sales and cost cuts from restructuring, causing shares to rise 18 percent. A strong March boosted the No. 6 U.S. auto ...

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