ABG Stock Recent News

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 fourth quarter 2024 net income of $129 million ($6.54 per diluted share), an increase of 132% from $56 million ($2.70 per diluted share) in fourth quarter 2023. The Company reported fourth quarter 2024 adjusted net income, a non-GAAP measure, of $143 million ($7.26 per diluted share), a decrease of 2% from $146 million ($7.12 p.

Asbury Automotive (ABG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Asbury Automotive Group, Inc. faces uncertainty for Q4 due to Hurricane Milton and stop-sale orders, likely leading to a miss on top and bottom lines. Analysts expect $5.98 EPS on $4.12B revenue, but historical misses suggest overestimation; management hasn't provided guidance. Key concerns include hurricane impact, stop-sale orders on Toyota, Lexus, BMW, and Honda models, and declining Clicklane performance.

Top 6 Businesses We Own: Q4 2024 Update

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 Fourth Quarter 2024 Financial Results.

Lithia Motors, Group 1 Automotive and Asbury Automotive Group have been highlighted in this Industry Outlook article.

Despite grim industry prospects, auto retail and wholesale stocks like LAD, GPI & ABG are set to benefit from digital efforts and strategic acquisitions.

Investors should monitor stocks like American Airlines, ABM, A.P. Moller-Maersk, Delek US Holdings and Asbury for high returns.

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Denies Unfounded FTC Allegations Vows a Vigorous Defense.