Asbury Automotive Group (ABG) Q3 Earnings and Revenues Miss Estimates

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 ...