Asbury Automotive Q1 revenue misses estimates

Asbury Automotive

28/04/2026 12:09

Overview

US auto retailer's Q1 revenue fell 1% and missed analyst expectations

Adjusted EPS for Q1 missed analyst expectations

Company repurchased $147 mln in shares and divested ten dealerships for $210 mln

Outlook

Company expects efficiency gains and improved performance as year progresses due to foundational investments

Result Drivers

DEALERSHIP DIVESTITURES - Co divested ten dealerships and terminated seven franchises, reducing annualized revenue by an estimated $625 mln

HIGHER SG&A EXPENSES - SG&A as a percentage of gross profit rose to 70.2% from 63.0% a year earlier, pressuring margins

Company press release: ID:nBw41rkCba

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$4.10 bln
$4.37 bln (7 Analysts)
Q1 Adjusted EPS
Miss
$5.37
$5.62 (9 Analysts)
Q1 EPS
$9.87


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the auto vehicles, parts & service retailers peer group is "buy."

Wall Street's median 12-month price target for Asbury Automotive Group Inc is $235.00, about 17.5% above its April 27 closing price of $200.03

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)