Asbury Automotive Group (ABG) Tops Q3 EPS by $1.24

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Go back to Asbury Automotive Group (ABG) Tops Q3 EPS by $1.24

Asbury Automotive Group Announces Record Third Quarter 2021 Financial Results

October 26, 2021 7:00 AM EDT

Third quarter EPS of $7.54 per diluted share, up 52% over prior year EPS Third quarter adjusted EPS of $7.36 per diluted share (a non-GAAP measure), up 80% over prior year adjusted EPS Third quarter revenue increased 30% and gross profit increased 43% over prior year quarter Third quarter SG&A as a percentage of gross profit decreased 550 bps over prior year to 56.0%, while adjusted SG&A decreased 580 bps to 55.3%

DULUTH, Ga.--(BUSINESS WIRE)-- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest... More