Asbury Automotive Group (NYSE:ABG – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Asbury Automotive Group to post earnings of $7.76 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Asbury Automotive Group (NYSE:ABG – Get Free Report) last released its quarterly earnings results on Thursday, February 8th. The company reported $7.12 EPS for the quarter, missing analysts’ consensus estimates of $7.74 by ($0.62). The firm had revenue of $3.81 billion for the quarter, compared to analysts’ expectations of $3.70 billion. Asbury Automotive Group had a net margin of 4.07% and a return on equity of 21.68%. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $9.12 earnings per share. On average, analysts expect Asbury Automotive Group to post $31 EPS for the current fiscal year and $32 EPS for the next fiscal year.
Asbury Automotive Group Stock Up 2.6 %
ABG opened at $222.41 on Wednesday. The company has a fifty day moving average price of $216.86 and a 200-day moving average price of $213.08. The firm has a market capitalization of $4.49 billion, a P/E ratio of 7.77 and a beta of 1.18. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.06 and a quick ratio of 0.45. Asbury Automotive Group has a one year low of $178.40 and a one year high of $256.39.
Insider Activity
Analyst Upgrades and Downgrades
Separately, Craig Hallum lowered shares of Asbury Automotive Group from a “buy” rating to a “hold” rating and set a $230.00 price target for the company. in a research report on Thursday, February 8th.
Get Our Latest Stock Analysis on ABG
Asbury Automotive Group Company Profile
Asbury Automotive Group, Inc, together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services.
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