Asbury Automotive Group (ABG) Q4 Earnings Lag Estimates

Asbury Automotive Group (ABG) came out with quarterly earnings of $7.12 per share, missing the Zacks Consensus Estimate of $7.74 per share. This compares to earnings of $9.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.01%. A quarter ago, it was expected that this auto dealership chain would post earnings of $8.44 per share when it actually produced earnings of $8.12, delivering a surprise of -3.79%.Over the last four q ...