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BRIEF-AutoCanada Q3 EPS of $0.48

Published 2015-11-05, 08:14 p/m
© Reuters. BRIEF-AutoCanada Q3 EPS of $0.48
ACQ
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Nov 5 (Reuters) - AutoCanada Inc ACQ.TO :
* Announces Q3, 2015 quarterly results
* Q3 same store sales fell 6.9 percent
* Says Q3 EPS $0.48 versus EPS of $0.74 last year
* Says declared a quarterly dividend of $0.25 per common share on AutoCanada's
outstanding Class A shares
* Says same store revenue decreased by 6.9% in the third quarter of 2015,
compared to the same quarter in 2014
* Says Q3 revenue increased by 6.9%, to $781.2 million
* Q3 earnings per share view C$0.57, revenue view C$804.3 million -- Thomson
Reuters I/B/E/S
* Says cautiously optimistic it will be able to manage impact of current
Alberta economic challenges by more effective marketing
* Says Volkswagen's recent recall issues was assessed and co does not expect it
to have a significant impact on its operations
* Says outlook for the retail automotive industry in Alberta remains
challenging
* Says management is cautiously optimistic that it will be able to manage the
impact of the current Alberta economic challenges
* Says company is directing its acquisition efforts to eastern Canada, in
particular Ontario, in an effort to further diversify
* Source text for Eikon urn:newsml:reuters.com:*:nCNW0Dnpxa
* Further company coverage ACQ.TO

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