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

分组1 - Asbury Automotive Group reported quarterly earnings of $7.21 per share, missing the Zacks Consensus Estimate of $7.78 per share, and down from $8.37 per share a year ago, representing an earnings surprise of -7.33% [1] - The company posted revenues of $4.2 billion for the quarter, missing the Zacks Consensus Estimate by 1.56%, and an increase from $3.58 billion year-over-year [1] - Over the last four quarters, Asbury Automotive has surpassed consensus EPS estimates only once and has topped consensus revenue estimates two times [1] 分组2 - The stock has underperformed, losing about 1.5% since the beginning of the year compared to the S&P 500's gain of 6.3% [2] - The current consensus EPS estimate for the coming quarter is $8.23 on revenues of $4.47 billion, and for the current fiscal year, it is $31.46 on revenues of $17.58 billion [4] - The Zacks Industry Rank for Automotive - Retail and Whole Sales is currently in the bottom 4% of over 250 Zacks industries, indicating potential challenges for stock performance [5]