Asbury Automotive Group (ABG) Tops Q2 EPS by $3.40

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Asbury Automotive Group Announces Record Second Quarter 2021 Financial Results

July 27, 2021 7:00 AM EDT

Second quarter EPS of $7.80 per diluted share, up 204% over prior year EPS

Second quarter adjusted EPS of $7.78 per diluted share (a non-GAAP measure), up 209% over prior year adjusted EPS

Second quarter revenue increased 79% and gross profit increased 105% over prior year quarter

DULUTH, Ga.--(BUSINESS WIRE)-- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., reported record net income for the second quarter 2021 of $152.1 million ($7.80 per diluted... More