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Asbury Automotive Group Inc (ABG.N)

ABG.N on New York Stock Exchange

90.49USD
20 Aug 2019
Change (% chg)

$-0.47 (-0.52%)
Prev Close
$90.96
Open
$90.79
Day's High
$91.35
Day's Low
$90.01
Volume
37,089
Avg. Vol
41,484
52-wk High
$95.07
52-wk Low
$58.60

Latest Key Developments (Source: Significant Developments)

Asbury Automotive Group Q2 Earnings Per Share Of $2.84
Friday, 26 Jul 2019 

July 26 (Reuters) - Asbury Automotive Group Inc ::Q2 EARNINGS PER SHARE $2.84.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $2.38.QTRLY TOTAL REVENUE INCREASED 5%.Q2 EARNINGS PER SHARE VIEW $2.26 -- REFINITIV IBES DATA.ASBURY AUTOMOTIVE - QTRLY TOTAL REVENUE $1,803.5 MILLION, UP 5%.Q2 REVENUE VIEW $1.80 BILLION -- REFINITIV IBES DATA.QTRLY SAME STORE TOTAL REVENUE INCREASED 2%.  Full Article

Asbury Automotive Group Reports Fourth Quarter Adjusted EPS Of $2.20
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Asbury Automotive Group Inc ::FOURTH QUARTER ADJUSTED EPS OF $2.20.QTRLY EARNINGS PER SHARE $2.06.QTRLY NEW VEHICLE REVENUE $1,022.4 MILLION VERSUS $964.1 MILLION.QTRLY TOTAL REVENUE $1,784.2 MILLION VERSUS $1,670.9 MILLION REPORTED LAST YEAR.QTRLY TOTAL REVENUE ON A SAME-STORE BASIS INCREASED 4 PERCENT.NET INCOME Q4 WAS ADJUSTED FOR $3.7 MILLION PRE-TAX CHARGE FOR FRANCHISE RIGHTS IMPAIRMENTS ($0.14 PER DILUTED SHARE).ASBURY AUTOMOTIVE GROUP - NET IMPACT OF ADOPTING ASC 606 IN Q4 WAS TO INCREASE NET INCOME BY $1.2 MILLION OR $0.06 PER DILUTED SHARE.Q4 EARNINGS PER SHARE VIEW $2.05, REVENUE VIEW $1.73 BILLION -- REFINITIV IBES DATA.  Full Article

Asbury Automotive Introduces Healthcare & Frontline Equity Programs For Service & Sales Roles
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Asbury Automotive Group Inc ::ASBURY AUTOMOTIVE GROUP INTRODUCES PREMIUM-FREE HEALTHCARE AND FRONTLINE EQUITY PROGRAMS FOR SERVICE AND SALES ROLES.ASBURY AUTOMOTIVE GROUP INC - FRONTLINE EQUITY PROGRAM IS EXPECTED TO BE A PART OF NEW EQUITY PLAN, WHICH IS SUBJECT TO SHAREHOLDER APPROVAL IN Q2.  Full Article

Asbury Automotive Group Reports Qtrly Adjusted Earnings Per Share Of $2.08
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Asbury Automotive Group Inc ::ASBURY AUTOMOTIVE GROUP ANNOUNCES 2018 SECOND QUARTER FINANCIAL RESULTS.SECOND QUARTER EPS OF $2.11 PER DILUTED SHARE.QTRLY ADJUSTED EARNINGS PER SHARE $2.08.QTRLY SAME STORE TOTAL REVENUE INCREASED 4%.QTRLY TOTAL REVENUE $1.72 BILLION VERSUS $1.63 BILLION.QTRLY SAME STORE NEW VEHICLE REVENUE INCREASED 3%.QTRLY SAME STORE USED VEHICLE RETAIL REVENUE INCREASED 8%.QTRLY TOTAL USED VEHICLE REVENUE $516.9 MILLION VERSUS $479.2 MILLION.QTRLY NEW VEHICLE REVENUE $928.7 MILLION VERSUS $882.9 MILLION.Q2 EARNINGS PER SHARE VIEW $1.92, REVENUE VIEW $1.67 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Asbury Automotive Group Reports Qtrly Adjusted Earnings Per Share Of $2.08
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Asbury Automotive Group Inc ::ASBURY AUTOMOTIVE GROUP ANNOUNCES 2018 SECOND QUARTER FINANCIAL RESULTS.SECOND QUARTER EPS OF $2.11 PER DILUTED SHARE.QTRLY ADJUSTED EARNINGS PER SHARE $2.08.QTRLY SAME STORE TOTAL REVENUE INCREASED 4%.QTRLY TOTAL REVENUE $1.72 BILLION VERSUS $1.63 BILLION.QTRLY SAME STORE NEW VEHICLE REVENUE INCREASED 3%.QTRLY SAME STORE USED VEHICLE RETAIL REVENUE INCREASED 8%.QTRLY TOTAL USED VEHICLE REVENUE $516.9 MILLION VERSUS $479.2 MILLION.QTRLY NEW VEHICLE REVENUE $928.7 MILLION VERSUS $882.9 MILLION.Q2 EARNINGS PER SHARE VIEW $1.92, REVENUE VIEW $1.67 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Abrams Capital Management Reports A 5.2 Pct Stake In Asbury Automotive Group
Thursday, 15 Mar 2018 

March 15 (Reuters) - Asbury Automotive Group Inc ::ABRAMS CAPITAL MANAGEMENT LP REPORTS A 5.2 PERCENT STAKE IN ASBURY AUTOMOTIVE GROUP AS OF MARCH 14 - SEC FILING.ABRAMS CAPITAL MANAGEMENT SAYS PREVIOUSLY REPORTED OWNERSHIP OF ASBURY AUTOMOTIVE'S COMMON STOCK IN A STATEMENT ON SCHEDULE 13G FILED ON FEB 14.ABRAMS CAPITAL MANAGEMENT SAYS CONCERNED ABOUT GOVERNANCE OF ASBURY AUTOMOTIVE DUE TO SCOTT THOMPSON’S RESIGNATION FROM BOARD.ABRAMS CAPITAL MANAGEMENT - INTEND TO DISCUSS CONCERNS WITH OTHER SHAREHOLDERS, DIRECTORS, MANAGEMENT OF ASBURY AUTOMOTIVE, OTHER INTERESTED PARTIES.ABRAMS CAPITAL MANAGEMENT - MAY TAKE CERTAIN ACTIONS, INCLUDING PROPOSING NOMINATION OF CANDIDATES FOR ASBURY AUTOMOTIVE'S BOARD, SOLICITING PROXIES.  Full Article

Asbury Automotive Group Q4 Adjusted Earnings Per Share $1.81
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Asbury Automotive Group Inc ::Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.81.QTRLY EARNINGS PER SHARE $2.03.QTRLY NEW VEHICLES REVENUE $964.1 MILLION VERSUS $935.6 MILLION LAST YEAR.QTRLY TOTAL USED VEHICLES REVENUE $437.5 MILLION VERSUS $468.9 MILLION LAST YEAR.Q4 EARNINGS PER SHARE VIEW $1.59 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL REVENUE $1,670.9 MILLION VERSUS $1,666.5 MILLION LAST YEAR.Q4 REVENUE VIEW $1.69 BILLION -- THOMSON REUTERS I/B/E/S.ASBURY AUTOMOTIVE - QTRLY NET INCOME WAS ADJUSTED FOR A $7.9 MILLION BENEFIT ($0.37 PER DILUTED SHARE) RELATED TO ADJUSTMENTS TO DEFERRED TAX BALANCES.  Full Article

Morgan Stanley Reports 5.3 Percent Passive Stake In Asbury Automotive Group As Of Dec. 12
Friday, 22 Dec 2017 

Dec 22 (Reuters) - MORGAN STANLEY ::MORGAN STANLEY REPORTS 5.3 PERCENT PASSIVE STAKE IN ASBURY AUTOMOTIVE GROUP AS OF DEC. 12 - SEC FILING.  Full Article

Michael & Susan Dell Foundation Reports 7.1 Pct Passive Stake In Asbury Automotive Group As Of Dec 5
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Asbury Automotive Group Inc ::MICHAEL & SUSAN DELL FOUNDATION REPORTS 7.1 PERCENT PASSIVE STAKE IN ASBURY AUTOMOTIVE GROUP INC AS OF DECEMBER 5, 2017 - SEC FILING‍​.  Full Article

Asbury Automotive Group reported net income for third quarter of $1.48 per share
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Asbury Automotive Group Inc :Asbury Automotive Group Inc - reported net income for third quarter 2017 of $1.48 per diluted share - SEC filing‍​.Asbury Automotive Group - believe net impact of hurricanes was a reduction in earnings of at least $0.10 per diluted share in the qtr‍​.Asbury Automotive Group - CEO transition announced in August resulted in an accounting charge of $0.05 per diluted share in quarter.Asbury Automotive Group Inc qtrly new vehicle revenue $881.6 million, down 6 pct‍​.Asbury Automotive Group Inc - qtrly total revenue $1.60 billion versus $1.68 billion ‍​.Q3 earnings per share view $1.51, revenue view $1.69 billion -- Thomson Reuters I/B/E/S.Asbury Automotive Group Inc - did not adjust qtrly earnings for impact of the hurricanes, CEO transition‍​.Asbury Automotive Group Inc qtrly total used vehicle revenue $455.6 million, down 4 percent.Asbury Automotive Group Inc - qtrly total revenue on same store basis $1.55 billion versus $1.61 billion ‍​.  Full Article

Fed rate cuts could help cheap U.S. small-cap stocks gain favor

NEW YORK, July 31 Shares of smaller U.S. companies have gotten cheap over the past year, significantly lagging their large-cap counterparts, and could be poised for a turnaround following a highly anticipated interest-rate cut from the Federal Reserve.