Asbury Automotive Group (ABG) Reports In-Line Q3 EPS
Tweet
Share
E-mailGet Alerts ABG Hot Sheet
Price: $196.20 -0.43%
EPS Growth %: -13.1%
Financial Fact:
Total other expense, net: 19M
Today's EPS Names:
OCCI, MAYS, CRMT, More
EPS Growth %: -13.1%
Financial Fact:
Total other expense, net: 19M
Today's EPS Names:
OCCI, MAYS, CRMT, More
Join SI Premium – FREE
Asbury Automotive Group (NYSE: ABG) reported Q3 EPS of $1.08, in-line with the analyst estimate of $1.08. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.51 billion.
New vehicle retail revenues up 8%; gross profit up 6%
•Used vehicle retail revenues up 8%; gross profit up 2%
•Finance and insurance revenues up 8%
•Parts and service gross profit up 12%
•Total gross profit up 9% with increases from all business lines
• | SG&A expense as a percent of gross profit improved 60 basis points to 70.1%; same-store SG&A expense as a percent of gross profit improved 120 basis points to 69.5% |
•Operating margin of 4.4%
For earnings history and earnings-related data on Asbury Automotive Group (ABG) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Pfizer lung cancer drug misses survival goal in Phase 3 trial
- Goldman reinstates Estee Lauder rating, sees turnaround driving growth and margins
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
