The mean estimate of analysts polled by Thomson Reuters was for earnings of 48 cents a share.
Revenue for the three months ended June 30 slipped to $1.98 billion from $2.01 billion a year ago. Wall Street analysts had, on average, estimated sales of $1.98 billion.
Shares of the Charlotte, N.C.-based automotive retailer closed Monday at $9.51. Greg Saulnier gs/tk1
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