3 Winners and 2 Losers from This Week’s Earnings Storm
Asbury Automotive Group, Inc. (NYSE:ABG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 26.32% to $0.72 in the quarter versus EPS of $0.57 in the year-earlier quarter. Revenue rose 11.89% to $1.22 billion from the year-earlier quarter.
Asbury Automotive Group, Inc. reported adjusted EPS income of $0.72 per share. By that measure, the company beat the mean analyst estimate of $0.66. It beat the average revenue estimate of $1.17 billion.