Asbury Automotive Group

Asbury Automotive Group, Inc. operates as a franchised automotive retailer. It operates through the Dealerships and Total Care Auto (TCA) segments. The Dealerships segment offers a range of automotive products and services fulfilling the entire vehicle ownership lifecycle including the sale of new and used vehicles and the provision of vehicle repair and maintenance services, replacement parts, and collision repair services. It is also involved in providing finance and insurance products. The TCA segment offers extended vehicle service contracts, prepaid maintenance contracts, vehicle theft assistance contracts, key replacement contracts, guaranteed asset protection contracts, paintless dent repair contracts, appearance protection contracts, tire and wheel, and lease wear and tear contracts. The company was founded in January 1995 and is headquartered in Duluth, GA.

Earnings data Q1 2021

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Earnings data Q4 2024

Asbury Automotive Group achieves record year, eyes growth opportunities

Asbury Automotive Group's strong financial performance in 2022 was marked by record revenue and profitability. While challenges like high prices and rates were discussed, management's focus on acquisitions and operational efficiencies presents growth opportunities. The company's strategic initiatives and market outlook for 2023 indicate a proactive approach to navigate the evolving landscape.

Asbury Automotive Group reports robust Q1 performance and growth opportunities

Asbury Automotive Group delivered a strong Q1 performance with record revenue and solid financial metrics.
Challenges in new and used vehicle sales offset by growth in parts and service revenue and digital sales success.
Maintaining healthy margins amidst supply chain challenges positions Asbury well for future stability and growth.
Opportunities exist for growth through strategic acquisitions, digital sales expansion, and new revenue streams.

Asbury Automotive Group reports strong Q2 performance and market opportunities

Asbury Automotive Group showcased strong Q2 performance and financial resilience amidst market challenges.
Preselling vehicles and focus on high PVRs in luxury and import brands highlight market demand and profitability potential.
Challenges include managing SG&A leverage, EV impact on parts and service, and risks to the 5-year plan.
Opportunities for growth include leveraging performance, optimizing balance sheet deployment, and enhancing parts and service offerings.

Asbury Automotive Group reports solid Q3 earnings, eyes strategic growth

Asbury Automotive Group's Q3 performance reflects resilience amidst market challenges, with a focus on strategic expansion and operational efficiency. Despite hurdles in brand mix and sourcing, the company remains optimistic about managing expenses and driving growth through acquisitions and debt management.

Asbury Automotive Group posts robust Q4 earnings amidst market challenges

Asbury Automotive Group's Q4 2023 earnings call highlighted strong financial results, operational challenges, and strategic initiatives for growth. The company aims to address market challenges while capitalizing on opportunities to drive profitability and efficiency.

Asbury Automotive Group reports robust Q1 performance amidst operational challenges

Asbury Automotive Group's Q1 2024 performance showcased strong financial metrics and strategic capital allocation.
Challenges in sourcing quality used vehicles and optimizing parts and service growth require attention.
Opportunities in F&I attachment rates, Clicklane transactions, and market strategies offer growth potential.
Management's focus on profitable growth and operational efficiency underpins the company's strategic direction.

Asbury Automotive Group overcomes outage to achieve record revenue

Asbury Automotive Group demonstrated resilience by achieving record revenue despite the CDK outage impact.
The company's focus on strategic capital allocation and operational efficiency positions it for sustainable growth.
Challenges from the outage highlight the importance of technological preparedness and customer experience management.
Opportunities lie in digital innovation, strategic partnerships, and enhancing service quality for future growth.

Asbury Automotive Group reports resilient Q3 performance amidst challenges

Asbury Automotive Group navigated challenges from severe weather and stop sales to deliver strong financial performance in Q3 2024.
The company's focus on profitability, parts and service business growth, and operational efficiency were key drivers of success.
While facing headwinds in the used vehicle segment, Asbury Automotive Group showcased resilience and strategic decision-making.
Addressing concerns raised by analysts and seizing opportunities for growth will be crucial for the company's future performance.

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Asbury Automotive Group, Inc. operates as a franchised automotive retailer. It operates through the Dealerships and Total Care Auto (TCA) segments. The Dealerships segment offers a range of automotive products and services fulfilling the entire vehicle ownership lifecycle including the sale of new and used vehicles and the provision of vehicle repair and maintenance services, replacement parts, and collision repair services. It is also involved in providing finance and insurance products. The TCA segment provides extended vehicle service contracts, prepaid maintenance contracts, vehicle theft assistance contracts, key replacement contracts, guaranteed asset protection contracts, paintless dent repair contracts, appearance protection contracts, tire and wheel, and lease wear and tear contracts. The company was founded in January 1995 and is headquartered in Duluth, GA.

Asbury (ABG) delivers a comprehensive Q1 beat, and registers massive year-over-year growth in the top and bottom lines. To investors' delight, it also boosts the buyback program by $200 million.

Asbury (ABG) Beats Q1 Earnings Mark, Lifts Long-Term Targets

Asbury Automotive Group, Inc. (NYSE:ABG ) Q1 2022 Earnings Conference Call April 28, 2022 10:00 AM ET Company Participants Karen Reid - Vice President & Treasurer David Hult - President and Chief Executive Officer Dan Clara - Senior VP of Operations Michael Welch - Senior VP and Chief Financial Officer. Conference Call Participants Daniel Imbro - Stephens Inc John Murphy - Bank of America Ryan Sigdahl - Craig-Hallum Capital Group Glenn Chin - Seaport Research Partners Rajat Gupta - JPMorgan Stephanie Moore - Truist Bret Jordan - Jefferies David Whiston - Morningstar Equity Research Operator Good day and welcome to the Asbury Automotive Group Q1 2022 Earnings Call.

Asbury Automotive Group, Inc. (ABG) CEO David Hult on Q1 2022 Results - Earnings Call Transcript

Asbury Automotive (ABG) delivered earnings and revenue surprises of 3.92% and 1.94%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Asbury Automotive Group (ABG) Q1 Earnings and Revenues Beat Estimates

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported record first quarter 2022 net income of $237.7 million ($10.38 per diluted share), an increase of 156% from $92.8 million ($4.78 per diluted share) in the prior year quarter. “In the first quarter, our legacy Asbury and recently acquired stores contributed to the Company generating all-time record adjusted EBITDA, which increas

Asbury Automotive Group Reports All-Time Record EPS of $10.38, for First Quarter 2022, up 117% Over Prior Year, and Announces Update to Strategic Growth Plan

Asbury Automotive (ABG) possesses 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 Group (ABG) Earnings Expected to Grow: Should You Buy?

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Asbury Automotive (ABG) possesses solid growth attributes, which could help it handily outperform the market.

Is Asbury Automotive (ABG) a Solid Growth Stock? 3 Reasons to Think " Yes "

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., announced that it will release its first quarter financial results before the market opens on April 28, 2022. Asbury will host a conference call later that day at 10:00 a.m. Eastern Time. The conference call will be simulcast live on the internet and can be accessed by logging onto www.asburyauto.com/company/investor-relations. A replay will be availab

Asbury Automotive Group Schedules Release of First Quarter 2022 Financial Results

Asbury Automotive (ABG) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why Growth Investors Shouldn't Overlook Asbury Automotive (ABG)

The mean of analysts' price targets for Asbury Automotive (ABG) points to a 31% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

How Much Upside is Left in Asbury Automotive (ABG)? Wall Street Analysts Think 31%

Asbury Automotive Group (ABG) closed the most recent trading day at $194.52, moving +0.93% from the previous trading session.

Asbury Automotive Group (ABG) Gains But Lags Market: What You Should Know

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Asbury Automotive (ABG).

Looking for a Growth Stock? Why It is Time to Focus on Asbury Automotive (ABG)

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Asbury (ABG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Asbury (ABG) Stock Stands Out in a Strong Industry

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The mean of analysts' price targets for Asbury Automotive (ABG) points to a 27.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think Asbury Automotive (ABG) Could Surge 28%: Read This Before Placing a Bet

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Asbury Will Be A Winner In The Emerging Auto Dealership Market

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Asbury Automotive (ABG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Asbury Automotive (ABG) Run Higher on Rising Earnings Estimates?

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of the largest automotive retail and service companies in the U.S., announced today the appointment of Hilliard C. Terry, III to its Board of Directors, effective February 22, 2022. The Board has appointed Mr. Terry to the Company's Compensation and Human Resources Committee and the Capital Allocation & Risk Management Committee. Mr. Terry's appointment brings the total number of Directo

Asbury Automotive Group Appoints New Director to Its Board

Does Asbury Automotive Group (ABG) have what it takes to be a top stock pick for momentum investors? Let's find out.

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