Auto retailer Asbury's Q2 revenue misses estimates

Asbury Automotive

29/07/2025 12:08

Overview

Asbury Q2 revenue rises 3% yr/yr but missed analyst expectations, per LSEG data

Adjusted EPS for Q2 beats consensus, reflecting strong operational performance

Co completed acquisition of The Herb Chambers Automotive Group

Outlook

Company focuses on long-term operational success with strategic portfolio optimization

No specific financial guidance provided for future quarters or full year

Company continues to focus on growth, profitability, and cost discipline

Result Drivers

PARTS & SERVICE - Record gross profit of $355 mln driven by increased parts and service revenue

USED VEHICLE PROFIT - Used vehicle retail gross profit rose 11% despite a 6% decrease in unit volume

ACQUISITIONS & DIVESTITURES - Acquisition of Herb Chambers Automotive Group and divestiture of nine stores as part of portfolio optimization strategy

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$4.40 bln
$4.45 bln (7 Analysts)
Q2 Adjusted EPS
Beat
$7.43
$6.86 (8 Analysts)
Q2 EPS
$7.76
Q2 Adjusted Net Income
Beat
$146 mln
$135.70 mln (7 Analysts)
Q2 Net Income
$153 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "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 $240.50, about 4.7% above its July 28 closing price of $229.20

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBwGp2N3a

(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.)