Asbury Automotive Group Inc. (ABG)
New Strong Sell Stocks for November 13th
AOS, AGL and ABG have been added to the Zacks Rank #5 (Strong Sell) List on November 13, 2024.
New Strong Sell Stocks for November 4th
ALRS, ABG and CLH have been added to the Zacks Rank #24 (Strong Sell) List on November 4, 2024.
Asbury Automotive: Attractive Valuation Looking Past Near-Term Noise
Asbury Automotive delivered a mixed Q3 given headwinds from Hurricane Helene, and Q4 will likely be equally messy. Vehicle gross margins continue to normalize, but its parts and services business continues to be the critical driver of growth. While profits are declining from their peak, underlying earnings power of $21 creates long-term opportunity for investors.
Asbury Q3 Earnings Miss Expectations, Revenues Rise Y/Y
ABG reports lower-than-expected third-quarter results, wherein revenues rise year over year.
Asbury Automotive Group, Inc. (ABG) Q3 2024 Earnings Call Transcript
Asbury Automotive Group, Inc. (NYSE:ABG ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Chris Reeves - Vice President, Finance & Treasurer David Hult - President & Chief Executive Officer Dan Clara - Senior Vice President, Operations Michael Welch - Senior Vice President & Chief Financial Officer Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Jeff Lick - Stephens Ryan Sigdahl - Craig-Hallum Capital Group Bret Jordan - Jefferies David Whiston - Morningstar Operator Greetings, and welcome to the Asbury Automotive Group Third Quarter 2024 Earnings Call. [Operator Instruction] As a reminder, this conference is being recorded.
Asbury Automotive (ABG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Asbury Automotive (ABG) give a sense of how the business performed in the quarter ended September 2024, 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) Q3 Earnings and Revenues Miss Estimates
Asbury Automotive Group (ABG) came out with quarterly earnings of $6.35 per share, missing the Zacks Consensus Estimate of $6.65 per share. This compares to earnings of $8.12 per share a year ago.
Analysts Estimate Asbury Automotive Group (ABG) to Report a Decline in Earnings: What to Look Out for
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.
Asbury (ABG) Stock Declines 11.2% Since Q2 Earnings Miss
Asbury's (ABG) second-quarter earnings miss estimates due to lower-than-expected gross profit from all businesses.
Asbury Automotive Group, Inc. (ABG) Q2 2024 Earnings Call Transcript
Asbury Automotive Group, Inc. (NYSE:ABG ) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Chris Reeves - VP, Finance & IR David Hult - President & CEO Dan Clara - SVP, Operations Michael Welch - SVP & CFO Conference Call Participants John Murphy - Bank of America Rajat Gupta - J.P. Morgan Ryan Sigdahl - Craig-Hallum Capital Group Operator Greetings, and welcome to the Asbury Automotive Group Second Quarter 2024 Earnings Conference Call.
Compared to Estimates, Asbury Automotive (ABG) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Asbury Automotive (ABG) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Asbury Automotive Group (ABG) Q2 Earnings and Revenues Lag Estimates
Asbury Automotive Group (ABG) came out with quarterly earnings of $6.40 per share, missing the Zacks Consensus Estimate of $7.31 per share. This compares to earnings of $8.95 per share a year ago.
