Asbury Automotive Group Inc reports results for the quarter ended in December - Earnings Summary

Asbury Automotive

02/02/2023 14:31

* Asbury Automotive Group Inc  ABG.N  reported quarterly
adjusted
earnings of $9.12​​ per share for the quarter ended in December.
The mean expectation of eight analysts for the quarter was
for earnings of $8.21 per share.
    * Revenue rose 39.6% to $3.71 billion from a year ago;
analysts
expected $3.86 billion. 
    * Asbury Automotive Group Inc's reported EPS for the quarter
was
$15.95​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Asbury Automotive Group Inc shares had risen by 29.2% this
quarter.
    * Wall Street's median 12-month price target for Asbury
Automotive
Group Inc is $225.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
2 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      8.21           9.12           Beat
 Sep. 30 2022      9.22           9.23           Beat
 Jun. 30 2022      8.82           10.04          Beat
 Mar. 31 2022      8.94           9.27           Beat