StockNews.AI
ABG
StockNews.AI
112 days

Asbury Automotive Group Reports First Quarter Results

1. ABG's Q1 2025 net income dropped 10% from Q1 2024. 2. Adjusted net income decreased 9%, affecting profitability outlook.

Earnings
-5.05%Current Return
VS
-0.03%S&P 500
$224.4504/29 07:08 AM EDTEvent Start
$213.1204/30 01:43 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bearish?

The decline in net income suggests weakening demand or rising costs, reflecting a bearish sentiment. Historically, similar decreases have led to downward stock pressure for automotive retailers.

How important is it?

The earnings report directly impacts ABG's financial standing, significantly affecting investor decisions. Given ABG's size in the automotive sector, these short-term concerns are crucial for stock valuation.

Why Short Term?

Immediate financial performance impacts investor perceptions due to sequential decreases in net income. Trends in automotive sales can shift quickly based on economic conditions and consumer trends.

Related Companies

CARKMXGPI
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported first quarter 2025 net income of $132 million ($6.71 per diluted share), a decrease of 10% from $147 million ($7.21 per diluted share) in first quarter 2024. The Company reported first quarter 2025 adjusted net income, a non-GAAP measure, of $134 million ($6.82 per diluted share), a decrease of 9% from $147 million ($7.21 per d.

Related News