Asbury Automotive Group (NYSE:ABG – Get Free Report) is set to post its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Asbury Automotive Group to post earnings of $7.76 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
Asbury Automotive Group (NYSE:ABG – Get Free Report) last posted its quarterly earnings results on Thursday, February 8th. The company reported $7.12 earnings per share for the quarter, missing analysts’ consensus estimates of $7.74 by ($0.62). Asbury Automotive Group had a return on equity of 21.68% and a net margin of 4.07%. The company had revenue of $3.81 billion for the quarter, compared to analysts’ expectations of $3.70 billion. During the same period in the prior year, the business earned $9.12 EPS. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. On average, analysts expect Asbury Automotive Group to post $31 EPS for the current fiscal year and $32 EPS for the next fiscal year.
Asbury Automotive Group Stock Performance
Shares of ABG stock opened at $217.04 on Tuesday. The company’s fifty day simple moving average is $216.97 and its 200-day simple moving average is $213.02. Asbury Automotive Group has a 52 week low of $178.40 and a 52 week high of $256.39. The company has a current ratio of 1.06, a quick ratio of 0.45 and a debt-to-equity ratio of 0.96. The company has a market cap of $4.38 billion, a PE ratio of 7.59 and a beta of 1.18.
Insider Activity
Wall Street Analyst Weigh In
Separately, Craig Hallum downgraded shares of Asbury Automotive Group from a “buy” rating to a “hold” rating and set a $230.00 target price on the stock. in a research note on Thursday, February 8th.
Check Out Our Latest Stock Analysis on ABG
About Asbury Automotive Group
Asbury Automotive Group, Inc, together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services.
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