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Asbury Automotive Group, Inc. · NYSE · Consumer Cyclical
Browse public ABG signals with their source context and measured market impact. Open any signal for its permanent analysis page.
- ABG shares down 1% post first-quarter 2024 results. - Missed adjusted earnings and revenue Zacks consensus estimates. - New vehicle revenue down 17% year over year; used vehicle revenue up 17%. - Price Impact Rating: Bearish - Impact Horizon Rating: Short-term - Type: Research Analysis
View signal analysis- 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
View signal analysis- Asbury Automotive Group had earnings of $7.21 per share, missing estimates. - Company's revenues were $4.2 billion, missing estimates. - Asbury Automotive stock has lost 1.5% this year compared to S&P 500's 6.3% gain. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
View signal analysis- Wall Street expects earnings decline on higher revenues for ABG in Q1 2024. - Stock price may move higher if earnings beat expectations, lower if they miss. - Asbury Automotive's Most Accurate Estimate is lower than Consensus Estimate. - Earnings Whisper by Zacks compares analyst estimates to predict deviation. - LAD also expected to report earnings decline for the quarter ended March 2024. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis
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