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Asbury Automotive Group (ABG) came out with quarterly earnings of $8.37 per share, beating the Zacks Consensus Estimate of $7.94 per share. This compares to earnings of $9.27 per share a year ago.
Asbury Automotive (ABG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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.
Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. PVH Corp. (PVH), Unum Group (UNM), General Motors (GM) and Asbury Automotive (ABG) boast low P/CF ratios.
Asbury Automotive continues to benefit from today's transition to more sustainable and cleaner vehicles. It ended the year with outstanding top and bottom-line growth.
Asbury's (ABG) gross profit surprises in the new-vehicle and finance & insurance segments steer overall earnings growth.
Asbury Automotive Group, Inc. (NYSE:ABG ) Q4 2022 Results Conference Call February 2, 2023 10:00 AM ET Company Participants Karen Reid - Vice President and Corporate Treasurer David Hult - President and Chief Executive Officer Dan Clara - Senior Vice President of Operations Michael Welch - Senior Vice President and Chief Financial Officer Conference Call Participants Daniel Imbro - Stephens John Murphy - Bank of America Ryan Sigdahl - Graig-Hallum Capital Daniela Haigian - Morgan Stanley Rajat Gupta - JPMorgan Bret Jordan - Jefferies David Whiston - Morningstar Operator Greetings. Welcome to Asbury Automotive Group's Fourth Quarter 2022 Earnings Call.
Asbury Automotive (ABG) delivered earnings and revenue surprises of 10.81% and 2.99%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Asbury Automotive (ABG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Market indexes rose on Thursday morning as the Consumer Price Index report for December fell in line with economists' expectations and indicated inflation may be cooling off.