Asbury Automotive Group (ABG) Tops Q1 EPS by 17c; New Vehicle Revs Up 9%
Get Alerts ABG Hot Sheet
Price: $178.03 -1.43%
EPS Growth %: +29.0%
Financial Fact:
Selling, general and administrative: 185.7M
Today's EPS Names:
UFI, DO, QUMU, More
EPS Growth %: +29.0%
Financial Fact:
Selling, general and administrative: 185.7M
Today's EPS Names:
UFI, DO, QUMU, More
Join SI Premium – FREE
Asbury Automotive Group (NYSE: ABG) reported Q1 EPS of $1.03, $0.17 better than the analyst estimate of $0.86. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.31 billion.
Qtr Highlights:
- New vehicle retail revenues up 9%; gross profit up 12%
- Used vehicle retail revenues up 14%; gross profit up 9%
- Finance and insurance revenues up 14%
- Parts and service gross profit up 11%
- Total gross profit up 12% with increases from all business lines
- SG&A expense as a percent of gross profit improved 220 basis points to 69.4%
- Repurchased $9.4 million of common stock
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
- Repay Holdings Corporation (RPAY) Misses Q2 EPS by 3c
- ELEVATE CREDIT, INC. (ELVT) Tops Q2 EPS by 52c
- ClearPoint Neuro, Inc. (CLPT) Misses Q2 EPS by 16c
Create E-mail Alert Related Categories
Earnings, Retail SalesRelated 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!