Earl Scheib Inc. reported a net loss of $1.3 million or $0.30 per diluted share for the company’s third quarter ended January 31, an improved earnings performance versus the same period last year when the company recorded a loss of nearly $2 million or $0.45 per diluted share. The Sherman Oaks-based operator of auto paint and body shops said its revenues had risen to $9.7 million for the third quarter, an 8.1 percent improvement over the same period last year when the company recorded revenues of $9 million. Officials at the company said the revenues increased despite the closure of a number of units since last year. Same shop sales for Earl Scheib increased 7.9 percent for the period.
