Asbury Automotive Group (ABG) Tops Q1 EPS by 12c

Asbury Automotive Group (NYSE: ABG) reported Q1 EPS of $1.30, $0.12 better than the analyst estimate of $1.18. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.49 billion.

• New vehicle retail revenues up 14%; gross profit up 9%
• Used vehicle retail revenues up 14%; gross profit up 7%
• Finance and insurance revenues up 15%
• Parts and service revenue up 11%; gross profit up 13%

For earnings history and earnings-related data on Asbury Automotive Group (ABG) click here.

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