Asbury Automotive Group (ABG) Tops Q4 EPS by 91c

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Go back to Asbury Automotive Group (ABG) Tops Q4 EPS by 91c

Asbury Automotive Group Reports Record Fourth Quarter and Record Full Year 2022 Financial Results

February 2, 2023 7:00 AM EST

Net income, inclusive of gains on dealership divestitures, net, of $353 million (+151%) in the fourth quarter and $997 million (+87%) for the full year Adjusted net income, a non-GAAP measure, of $202 million (+24%) in the fourth quarter and $842 million (+54%) for the full year Adjusted EBITDA, a non-GAAP measure, of $319 million (+29%) in the fourth quarter and $1.3 billion (+61%) for the year EPS of $15.95 per diluted share (+148%) in the fourth quarter and $44.61 per diluted share (+68%) for the full year Adjusted EPS, a non-GAAP measure, of $9.12 per diluted share (+22%) in the fourth quarter and $37.66 per... More