Asbury Automotive Group (ABG) Tops Q2 Earnings Estimates

Asbury Automotive Group (ABG) came out with quarterly earnings of $7.43 per share, beating the Zacks Consensus Estimate of $6.82 per share. This compares to earnings of $6.4 per share a year ago. These figures are adjusted for non-recurring items. While Asbury Automotive has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the ...