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ABGBearishEarningsnews
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Asbury Automotive (ABG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Apr 25, 2024, 10:43 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Asbury Automotive Group reported $4.2 billion revenue, up 17.3% YoY, EPS $7.21. - Revenue surprised -1.56% and EPS -7.33% compared to Wall Street estimates. - Key metrics include unit sales, average selling price, gross profit per unit, and revenues. - ABG stock returned -5.2% in the past month, with Zacks Rank #3 (Hold). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Asbury Automotive Group reported $4.2 billion revenue, up 17.3% YoY, EPS $7.21.
  • Revenue surprised -1.56% and EPS -7.33% compared to Wall Street estimates.
  • Key metrics include unit sales, average selling price, gross profit per unit, and revenues.
  • ABG stock returned -5.2% in the past month, with Zacks Rank #3 (Hold).

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