Asbury Automotive Group (ABG) Q1 Earnings and Revenues Lag Estimates

Asbury Automotive Group (ABG) came out with quarterly earnings of $7.21 per share, missing the Zacks Consensus Estimate of $7.78 per share. This compares to earnings of $8.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.33%. A quarter ago, it was expected that this auto dealership chain would post earnings of $7.74 per share when it actually produced earnings of $7.12, delivering a surprise of -8.01%.Over the last four q ...