Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:A. O. Smith Corporation (AOS) is a water heater and treatment equipment company. The Zacks Consensus Estimate for its current year earnings has been revised 7.1% downward over the last 60 days.agilon health, inc. (AGL) is a healthcare services provider. The Zacks Consensus Estimate for its current year earnings has been revised 18% downward over the last 60 days.Asbury Automotive Group, Inc. (ABG) is a car dealership company.The Zacks ...

Here are three stocks added to the Zacks Rank #24 (Strong Sell) List today:Alerus Financial Corporation (ALRS) is the bank holding company for Alerus Financial, National Association. The Zacks Consensus Estimate for its current year earnings has been 20.5% downward over the last 60 days.Asbury Automotive Group, Inc. (ABG) is an automotive retailer. The Zacks Consensus Estimate for its current year earnings has been revised 5.4% downward over the last 60 days.Clean Harbors, Inc. (CLH) is a provider of enviro ...

Shares of Asbury Automotive Group (NYSE: ABG ) have been a moderate performer, gaining about 16% over the past year, given strong profits but declining margins. I last covered shares in May , rating shares a strong buy. SinceOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Di ...

Asbury Automotive (ABG) reported third-quarter 2024 adjusted earnings of $6.35 per share, which decreased 21.8% year over year and missed the Zacks Consensus Estimate of $6.65. In the reported quarter, revenues amounted to $4.24 billion, which increased 16% year over year but missed the Zacks Consensus Estimate of $4.36 billion.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.Segment DetailsIn the quarter, new vehicle revenues rose 16% year over year to $2.16 billion, missing the Zac ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-31262 ASBURY AUTOMOTIVE GROUP, INC. (Exact name of Registrant as specified in its charter) Delaware 01-0609375 (Stat ...

Asbury Automotive Group, Inc. (NYSE:ABG) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Chris Reeves - Vice President, Finance & Treasurer David Hult - President & Chief Executive Officer Dan Clara - Senior Vice President, Operations Michael Welch - Senior Vice President & Chief Financial Officer Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Jeff Lick - Stephens Ryan Sigdahl - Craig-Hallum Capital Group Bret Jordan - Jefferies David Whi ...

A B G | A s b u r y A u t o m o t i v e Investor Relations Presentation 2024 Third Quarter Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than historical fact, and may include statements relating to goals, plans, objectives, beliefs, expectations and assumptions, projections regarding Asbury's financial position, liquidity, results of operations, ca ...

For the quarter ended September 2024, Asbury Automotive Group (ABG) reported revenue of $4.24 billion, up 15.6% over the same period last year. EPS came in at $6.35, compared to $8.12 in the year-ago quarter. The reported revenue represents a surprise of -2.90% over the Zacks Consensus Estimate of $4.36 billion. With the consensus EPS estimate being $6.65, the EPS surprise was -4.51%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Asbury Automotive Group (ABG) came out with quarterly earnings of $6.35 per share, missing the Zacks Consensus Estimate of $6.65 per share. This compares to earnings of $8.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.51%. A quarter ago, it was expected that this auto dealership chain would post earnings of $7.31 per share when it actually produced earnings of $6.40, delivering a surprise of -12.45%.Over the last four ...

Exhibit 99.1 Investors & Reporters May Contact: Joe Sorice Manager, Investor Relations (770) 418-8211 ir@asburyauto.com Asbury Automotive Group Reports Third Quarter Results • Revenue of $4.2 billion, growth of 16% • Parts & Service gross profit growth of 16% • Same store SG&A as a percentage of gross profit of 64.5%; same store adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 63.8% • Sequential improvement in SG&A as a percentage of gross profit of 25 bps and adjusted SG&A as a percent ...