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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.
Investors would do well to monitor broker-loved stocks like CAR, ABM, CVI, DK and ABG for high returns.
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.
Despite a recent 25% decline, I remain bullish on Asbury Automotive Group due to its strong parts & service business and limited tariff impact. New auto tariffs may raise car prices, but ABG's earnings from maintenance services should offset most of the impact, maintaining profitability. ABG's strategic acquisitions, like Herb Chambers Companies, enhance growth, though increased leverage and reduced buybacks may temporarily affect stock performance.
Investors need to pay close attention to Asbury (ABG) stock based on the movements in the options market lately.
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