Compared to Estimates, Asbury Automotive (ABG) Q2 Earnings: A Look at Key Metrics

Asbury Automotive Group (ABG) reported $4.25 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 13.5%. EPS of $6.40 for the same period compares to $8.95 a year ago.The reported revenue represents a surprise of -2.67% over the Zacks Consensus Estimate of $4.36 billion. With the consensus EPS estimate being $7.31, the EPS surprise was -12.45%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...