ABG Stock Recent News

Asbury reports lower-than-expected first-quarter results, wherein earnings and revenues decline year over year.

Asbury Automotive Group, Inc. (NYSE:ABG ) Q1 2025 Earnings Conference Call April 29, 2025 10:00 AM ET Company Participants Chris Reeves - Vice President, Finance, Investor Relations David Hult - President & Chief Executive Officer Dan Clara - Chief Operating Officer Michael Welch - Senior Vice President & Chief Financial Officer Conference Call Participants Jeff Lick - Stephens Rajat Gupta - JPMorgan John Murphy - Bank of America Matthew Raab - Craig-Hallum Capital Group David Whiston - Morningstar Bret Jordan - Jefferies Operator Greetings, and welcome to the Asbury Automotive Group's First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.

While the top- and bottom-line numbers for Asbury Automotive (ABG) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Asbury Automotive Group (ABG) came out with quarterly earnings of $6.82 per share, missing the Zacks Consensus Estimate of $6.84 per share. This compares to earnings of $7.21 per share a year ago.

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.

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Asbury Automotive (ABG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of First Quarter 2025 Financial Results.

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has published its 2024 Corporate Responsibility Report to present its Environmental, Social, and Governance (“ESG”) commitments and related initiatives. “As we continue working toward our mission to be the most guest-centric automotive retailer, our ESG initiatives are strengthened by the dedicated team members who make up our company. Through their ha.