Asbury Automotive Gr Q2 Adj EPS $8.95 Beats $8.24 Estimate, Sales $3.74B Miss $3.80B Estimate

Author: Benzinga Newsdesk | July 25, 2023 06:37am

Asbury Automotive Gr (NYSE:ABG) reported quarterly adjusted earnings of $8.95 per share which beat the analyst consensus estimate of $8.24 by 8.62 percent. This is a 10.86 percent decrease over earnings of $10.04 per share from the same period last year. The company reported quarterly sales of $3.74 billion which missed the analyst consensus estimate of $3.80 billion by 1.58 percent. This is a 5.32 percent decrease over sales of $3.95 billion the same period last year.

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