(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 4.2B | +10% |
Gross Profit | 750MM | +11% |
Cost Of Revenue | 256.2MM | +12% |
Operating Income | 262.8MM | - |
Operating Expenses | 487.2MM | - |
Net Income | 147.1MM | - |
G&A | 468.6MM | +13% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Asbury Automotive Group, Inc. (NYSE:ABG) Q1 2024 Earnings Call Transcript April 25, 2024 Asbury Automotive Group, Inc. misses on earnings expectations. Reported EPS is $7.21 EPS, expectations were $7.78. ABG isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings and […]
Explore the detailed financial performance and strategic decisions shaping Asbury Automotive's market position in the first quarter of 2024.
Q1 2024 Asbury Automotive Group Inc Earnings Call
While the top- and bottom-line numbers for Asbury Automotive (ABG) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Asbury Automotive (ABG) delivered earnings and revenue surprises of -7.33% and 1.56%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Revenue Surges to $4.2 Billion Amidst Market Challenges
DULUTH, Ga., April 25, 2024--Asbury Automotive Group, Inc. (NYSE: ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., reported first quarter 2024 net income of $147 million ($7.21 per diluted share), a decrease of 19% from $181 million ($8.37 per diluted share) in first quarter 2023.
DULUTH, Ga., April 19, 2024--Asbury Automotive Announces Chief Legal Officer George Villasana to Retire
AutoNation (AN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Asbury Automotive (ABG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.