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Asbury Automotive Group: Q1 Earnings Insights

 

Asbury Automotive Group (NYSE:ABG) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Asbury Automotive Group beat estimated earnings by 3.69%, reporting an EPS of $9.27 versus an estimate of $8.94.

Revenue was up $1.72 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.41 which was followed by a 5.3% increase in the share price the next day.

Here's a look at Asbury Automotive Group's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 6.05 6.25 4.38 3.62
EPS Actual 7.46 7.36 7.78 4.68
Revenue Estimate 2.48B 2.23B 2.28B 2.06B
Revenue Actual 2.65B 2.41B 2.58B 2.19B

To track all earnings releases for Asbury Automotive Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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