| Asbury Automotive's Q1 Earnings Lag Estimates, Revenues Decline Y/Y |
Asbury reports lower-than-expected first-quarter results, wherein earnings and revenues decline year over year. |
zacks.com |
2025-04-30 14:55:45 |
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| Asbury Automotive Group, Inc. (ABG) Q1 2025 Earnings Call Transcript |
Asbury Automotive Group, Inc. (NYSE:ABG ) Q1 2025 Earnings Conference Call April 29, 2025 10:00 AM ET Company Participants Chris Reeves - Vice President, Finance, Investor Relations David Hult - President & Chief Executive Officer Dan Clara - Chief Operating Officer Michael Welch - Senior Vice President & Chief Financial Officer Conference Call Participants Jeff Lick - Stephens Rajat Gupta - JPMorgan John Murphy - Bank of America Matthew Raab - Craig-Hallum Capital Group David Whiston - Morningstar Bret Jordan - Jefferies Operator Greetings, and welcome to the Asbury Automotive Group's First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-04-29 21:11:46 |
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| Compared to Estimates, Asbury Automotive (ABG) Q1 Earnings: A Look at Key Metrics |
While the top- and bottom-line numbers for Asbury Automotive (ABG) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-04-29 15:30:43 |
Czytaj oryginał (ang.) |
| Asbury Automotive Group (ABG) Q1 Earnings and Revenues Lag Estimates |
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. |
zacks.com |
2025-04-29 13:05:42 |
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| Asbury Automotive Group Reports First Quarter Results |
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. |
businesswire.com |
2025-04-29 11:00:00 |
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| 5 Broker-Loved Stocks to Keep a Tab on Amid Signs of Easing Trade Woes |
Investors would do well to monitor broker-loved stocks like CAR, ABM, CVI, DK and ABG for high returns. |
zacks.com |
2025-04-24 14:25:42 |
Czytaj oryginał (ang.) |
| Earnings Preview: Asbury Automotive Group (ABG) Q1 Earnings Expected to Decline |
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. |
zacks.com |
2025-04-22 15:07:21 |
Czytaj oryginał (ang.) |
| Are Investors Undervaluing Asbury Automotive Group (ABG) Right Now? |
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. |
zacks.com |
2025-04-22 14:45:42 |
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| Asbury Automotive Group Schedules Release of First Quarter 2025 Financial Results |
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of First Quarter 2025 Financial Results. |
businesswire.com |
2025-04-09 11:00:00 |
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| Asbury Automotive Group Releases 2024 Corporate Responsibility Report |
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. |
businesswire.com |
2025-04-08 12:00:00 |
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| Asbury Automotive: Attractive Given Modest Tariff Exposure |
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. |
seekingalpha.com |
2025-04-02 20:20:03 |
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| Is the Options Market Predicting a Spike in Asbury (ABG) Stock? |
Investors need to pay close attention to Asbury (ABG) stock based on the movements in the options market lately. |
zacks.com |
2025-03-27 11:30:38 |
Czytaj oryginał (ang.) |
| 5 Broker-Loved Stocks to Keep an Eye on Amid Trade Tensions |
Investors should monitor stocks like Cardinal Health, DXC Technology, Cross Country Healthcare, Avnet and Asbury for high returns. |
zacks.com |
2025-03-05 09:55:29 |
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| Asbury Automotive Group, Inc. Announces Appointment of Chief Operating Officer |
DULUTH, Ga.--(BUSINESS WIRE)--The Board of Directors of Asbury Automotive Group, Inc. (NYSE: ABG) ("Asbury" or the "Company"), one of the largest automotive retail and service companies in the U.S., today announced that Senior Vice President of Operations Daniel E. Clara has been promoted to Chief Operating Officer effective February 17, 2025. Mr. Clara has over 23 years of extensive automotive retail experience. Prior to his 5 years as SVP of Operations, he held positions as regional vice pres. |
businesswire.com |
2025-02-19 19:15:00 |
Czytaj oryginał (ang.) |
| ABG to Acquire Herb Chambers: Is the Stock Worth Buying Now? |
Asbury's big acquisition is likely to boost growth, but inventory woes and macroeconomic uncertainties can limit its stock performance. |
zacks.com |
2025-02-19 13:46:10 |
Czytaj oryginał (ang.) |
| Asbury Q4 Earnings & Sales Outperform Expectations, Rise Y/Y |
ABG puts up a stellar show in the fourth quarter of 2024, driven by higher-than-expected revenues across all segments except parts and services unit. |
zacks.com |
2025-01-31 07:31:06 |
Czytaj oryginał (ang.) |
| Asbury Automotive Group, Inc. (ABG) Q4 2024 Earnings Call Transcript |
Asbury Automotive Group, Inc. (NYSE:ABG ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Chris Reeves - VP, Finance & Treasurer David Hult - President & CEO Daniel Clara - SVP, Operations Michael Welch - SVP & CFO 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 Asbury Automotive Group Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-01-30 18:32:57 |
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| Asbury Automotive (ABG) Reports Q4 Earnings: What Key Metrics Have to Say |
While the top- and bottom-line numbers for Asbury Automotive (ABG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-01-30 13:36:35 |
Czytaj oryginał (ang.) |
| Asbury Automotive Group (ABG) Surpasses Q4 Earnings and Revenue Estimates |
Asbury Automotive Group (ABG) came out with quarterly earnings of $7.26 per share, beating the Zacks Consensus Estimate of $6.07 per share. This compares to earnings of $7.12 per share a year ago. |
zacks.com |
2025-01-30 11:15:30 |
Czytaj oryginał (ang.) |
| Asbury Automotive Group Reports Record Fourth Quarter Results |
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. |
businesswire.com |
2025-01-30 09:00:00 |
Czytaj oryginał (ang.) |
| Asbury Automotive Group (ABG) Expected to Beat Earnings Estimates: Should You Buy? |
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. |
zacks.com |
2025-01-23 13:07:14 |
Czytaj oryginał (ang.) |
| Asbury Automotive Earnings Preview: Q4 Performance May Be Quite Underwhelming |
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. |
seekingalpha.com |
2025-01-15 16:39:13 |
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| Top 6 Businesses We Own: Q4 2024 Update |
Top 6 Businesses We Own: Q4 2024 Update |
seekingalpha.com |
2025-01-15 10:00:00 |
Czytaj oryginał (ang.) |
| Is Asbury Automotive Group (ABG) Stock Undervalued Right Now? |
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. |
zacks.com |
2025-01-14 12:46:11 |
Czytaj oryginał (ang.) |
| Asbury Automotive Group Schedules Release of Fourth Quarter 2024 Financial Results |
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of Fourth Quarter 2024 Financial Results. |
businesswire.com |
2025-01-09 18:30:00 |
Czytaj oryginał (ang.) |
| Zacks Industry Outlook Lithia Motors, Group 1 Automotive and Asbury Automotive Group |
Lithia Motors, Group 1 Automotive and Asbury Automotive Group have been highlighted in this Industry Outlook article. |
zacks.com |
2025-01-09 05:26:23 |
Czytaj oryginał (ang.) |
| 3 Auto Retail Stocks to Consider Despite Challenging Industry Outlook |
Despite grim industry prospects, auto retail and wholesale stocks like LAD, GPI & ABG are set to benefit from digital efforts and strategic acquisitions. |
zacks.com |
2025-01-08 13:06:24 |
Czytaj oryginał (ang.) |
| 5 Broker-Loved Stocks to Keep An Eye On in the New Year |
Investors should monitor stocks like American Airlines, ABM, A.P. Moller-Maersk, Delek US Holdings and Asbury for high returns. |
zacks.com |
2025-01-03 11:35:58 |
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| Tekion Files Lawsuit Against CDK Global's Anticompetitive Practices |
PLEASANTON, Calif.--(BUSINESS WIRE)--Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, today filed a federal antitrust lawsuit against CDK Global, Inc. (“CDK”) accusing CDK of engaging in a systematic scheme to thwart competition in the franchise dealer management system (DMS) market. “CDK's technology is outdated. Instead of innovating and competing fairly, CDK has resorted to unfair and anticompetitive business tactics to protect its dominant. |
businesswire.com |
2024-12-10 11:05:00 |
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| Park Place Plans Expansion On Newly Acquired Land In Texas |
DALLAS--(BUSINESS WIRE)--Park Place Dealerships, a part of Asbury Automotive Group, Inc. (NYSE: ABG), successfully completed the purchase of 15 acres of land in Dallas, Texas, from Raytheon on December 4, 2024. Known for its best-in-class client service, Park Place is expected to develop a state-of-the-art Porsche dealership on the newly purchased property, providing its clients with the luxury experience synonymous with Park Place and Porsche. Demolition is expected to begin early 2025, with c. |
businesswire.com |
2024-12-10 09:00:00 |
Czytaj oryginał (ang.) |
| Landcar Casualty Company Receives Upgraded Credit Rating from AM Best |
DULUTH, Ga.--(BUSINESS WIRE)--Landcar Casualty Company (Landcar), a subsidiary of Asbury Automotive Group (Asbury), received AM Best's upgraded Financial Strength Rating to A (Excellent) from A- (Excellent). AM Best is a global credit rating agency, news publisher, and data analytics provider which completes an annual rating review of Landcar. This refined assessment from AM Best establishes Landcar to the classification from stable to positive. “We are pleased to receive this enhanced recognit. |
businesswire.com |
2024-12-09 20:00:00 |
Czytaj oryginał (ang.) |
| Why Is Asbury Automotive (ABG) Up 11.6% Since Last Earnings Report? |
Asbury Automotive (ABG) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2024-11-28 14:36:15 |
Czytaj oryginał (ang.) |
| New Strong Sell Stocks for November 27th |
AKBA, ABG and CLH have been added to the Zacks Rank #5 (Strong Sell) List on November 27, 2024. |
zacks.com |
2024-11-27 07:46:20 |
Czytaj oryginał (ang.) |
| New Strong Sell Stocks for November 25th |
AMX, AM and ABG have been added to the Zacks Rank #5 (Strong Sell) List on November 25, 2024. |
zacks.com |
2024-11-25 08:30:27 |
Czytaj oryginał (ang.) |
| Asbury Automotive Group Named to Newsweek's World's Most Trustworthy Companies 2024 |
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has been named in Newsweek's World's Most Trustworthy Companies 2024 list. Asbury ranked number 27 in the Vehicles & Components Industry. Newsweek partnered with Statista, a global data and business intelligence platform, to conduct a survey considering all stock listed companies headquartered in a target country with a revenue of over 500 million. |
businesswire.com |
2024-11-21 11:00:00 |
Czytaj oryginał (ang.) |
| Asbury Automotive Group Elects New Director to Its Board |
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of the largest automotive retail and service companies in the U.S., announced today the appointment of Shamla Naidoo to its Board of Directors effective January 1, 2025. The Board has appointed Ms. Naidoo to the Audit Committee and the Compensation & Human Resources Committee. Ms. Naidoo's election brings the total number of directors to ten, nine of whom are independent, including Ms. N. |
businesswire.com |
2024-11-19 18:45:00 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2024-11-13 09:50:17 |
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| Undercovered Dozen: Asbury Automotive, Globalstar, Northland Power, Aquestive Therapeutics + |
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and sparking community discussions on their potential. Xometry's AI-driven procurement software in a specialized B2B marketplace shows high-growth potential to Bert Hochfeld, making it a promising investment. Grassroots Trading argues that Boston Scientific's acquisition of Axonics enhances its urology offerings, positioning it strongly in the sacral neuromodulation field. |
seekingalpha.com |
2024-11-09 10:00:00 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2024-11-04 08:30:21 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-11-03 09:00:00 |
Czytaj oryginał (ang.) |
| Asbury Q3 Earnings Miss Expectations, Revenues Rise Y/Y |
ABG reports lower-than-expected third-quarter results, wherein revenues rise year over year. |
zacks.com |
2024-10-31 13:01:29 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-10-29 17:12:11 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2024-10-29 13:31:27 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2024-10-29 11:01:16 |
Czytaj oryginał (ang.) |
| Asbury Automotive Group Reports Third Quarter Results |
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 third quarter 2024 net income of $126 million ($6.37 per diluted share), a decrease of 25% from $169 million ($8.19 per diluted share) in third quarter 2023. The Company reported third quarter 2024 adjusted net income, a non-GAAP measure, of $126 million ($6.35 per diluted share), a decrease of 25% from $168 million ($8.12 per. |
businesswire.com |
2024-10-29 09:00:00 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2024-10-22 15:05:33 |
Czytaj oryginał (ang.) |
| Asbury Automotive Sues to Block Administrative Proceeding by the Federal Trade Commission |
DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Sues to Block Administrative Proceeding by the Federal Trade Commission. |
businesswire.com |
2024-10-07 23:09:00 |
Czytaj oryginał (ang.) |