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Market Impact: 0.35

Asbury Automotive Group (ABG) Misses Q1 Earnings and Revenue Estimates

ABG
Corporate EarningsAnalyst EstimatesCompany FundamentalsAutomotive & EV

Asbury Automotive Group reported quarterly EPS of $5.37, missing the Zacks Consensus Estimate of $5.68 by $0.31 per share, or about 5.5%. Earnings also declined from $6.82 per share a year ago, indicating weaker year-over-year profitability. The print is a modest negative for the stock and may pressure shares in the near term.

Analysis

Asbury Automotive Group reported quarterly EPS of $5.37, missing the Zacks Consensus Estimate of $5.68 by $0.31 per share, or about 5.5%. Earnings also declined from $6.82 per share a year ago, indicating weaker year-over-year profitability. The print is a modest negative for the stock and may pressure shares in the near term.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35

Ticker Sentiment

ABG-0.78