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UnitedAuto Group (UAG/ranked #3) reported fourth quarter and full year 2006 earnings results. The figures were in-line with Reuter’s consensus of analyst estimates, but below my estimate. UnitedAuto Group’s conference call is at 2:00pm (eastern.) Once again, I’ll save the bulk of my comments until after the call. The dial in for the call is 1-800-553-5275. My quick take: 4Q06 earnings per share (eps) of: $0.33 (from continuing operations,) were pretty similar to the company’s 4Q05 results, but below my forecast of $0.35. I don’t get worried about a company missing or beating my forecast in a giv
... To view the entire article: Related Companies: Penske Automotive Group (formerly UnitedAuto)
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