Asbury Automotive slips on weak first-quarter earnings

Asbury Automotive

29/04/2025 17:05

** Shares of Asbury Automotive Group ABG.N fall 3.6% to $216.47 per share - lowest level in five sessions

** ABG fell as much as 7% earlier in the day to mark its worst intraday fall since April 3

** Posts Q1 adjusted net income of $134.3 million, below last year's $147 million

** Q1 revenue slips 1% to $4.15 billion

** Stock down ~11% this year, including the day's move

(Reporting by Sameer Manekar in Bengaluru)

((Sameer.Manekar@thomsonreuters.com;))