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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Here is how Asbury Automotive Group (ABG) and Tapestry (TPR) have performed compared to their sector so far this year.

Has Asbury Automotive Group (ABG) Outpaced Other Retail-Wholesale Stocks This Year?

Asbury Automotive Group, Inc. (ABG) CEO David Hult on Q4 2021 Results - Earnings Call Transcript

Asbury Automotive Group Inc. ABG, -0.24% said Tuesday it earned a record $141 million, or $6.44 a share in the fourth quarter, up from $89 million, or $4.59 a share in the year-ago quarter. Excluding one-time items, the company earned $7.46 a share in the latest quarter, up from $4.44 a share.

Asbury Automotive shares rally on fatter-than-expected profit

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., reported record net income for the fourth quarter 2021 of $141 million ($6.44 per diluted share). This result compares to net income of $89 million ($4.59 per diluted share) in the prior year quarter. “In the fourth quarter, we closed on the transformative acquisitions of: Larry H. Miller Dealerships and Total Care Auto, Powered by Landcar (“TCA”, coll

Asbury Automotive Group Announces Record Financial Results for Fourth Quarter and Full Year 2021 and Increase in Share Repurchase Authorization

Asbury Automotive Group (ABG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Asbury Automotive Group (ABG) Ahead of Earnings?

The Zacks Consensus Estimate for Asbury Automotive Group's (ABG) Q4 earnings per share and revenues is pegged at $5.86 and $2.43 billion, respectively.

Why Asbury (ABG) is Well Positioned for Q4 Earnings Beat

LAS COLINAS, Texas--(BUSINESS WIRE)-- #automotive--In its first 35 years, Park Place Dealerships helped shape the automotive industry. What does the next 35 years look like?

In Its First 35 Years, Park Place Dealerships Helped Shape an Industry

MarineMax

Macy's

Winnebago

You can find great value stocks by screening for the basics like P/E ratio and Zacks Rank.

Back to Value Investing Basics: The P/E Ratio

Atlas Air Worldwide

Archer-Daniels-Midland Company

ArcBest

Cross Country Healthcare

Investors should add broker-friendly stocks like ArcBest (ARCB), Archer Daniels (ADM), Atlas Air (AAWW), Cross Country Healthcare (CCRN) and Asbury Automotive (ABG) to their respective portfolios for handsome returns.

5 Stocks to Buy Following Recent Upgrade by Brokers

JAKKS Pacific

Medifast

Polaris

Zymeworks Inc

Want to try a different approach? Tap five stocks with increasing P/E ratios such as MEDIFAST (MED), JAKKS Pacific (JAKK), Asbury Automotive Group (ABG), Zymeworks (ZYME) and Polaris (PII).

Bank on Rising P/E Investing With These 5 Top-Ranked Stocks

General Motors

Lennar

OneWater Marine

Raymond James

ABG, GM, LEN, ONEW, and RJF have been added to the Zacks Rank #1 (Strong Buy) List on January 28, 2022.

New Strong Buy Stocks for January 28th

ABG, ONEW, and LEN made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 28, 2022

Best Value Stocks to Buy for January 28th

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 fourth quarter and full year financial results before the market opens on February 15, 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 repl

Asbury Automotive Group Schedules Release of Fourth Quarter and Full Year 2021 Financial Results

Asbury Automotive Group (ABG) closed the most recent trading day at $167.37, moving +0.38% from the previous trading session.

Asbury Automotive Group (ABG) Gains As Market Dips: 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 (ABG).

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

The average of price targets set by Wall Street analysts indicates a potential upside of 42.3% in Asbury Automotive (ABG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Asbury Automotive (ABG) Could Surge 42%: Read This Before Placing a Bet

AutoNation

AN, ABG, and ARCB made it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 7, 2022

Best Growth Stocks to Buy for January 7th

Automotive retailer Asbury Automotive Group, Inc. (NYSE:ABG) is up 1.8% to trade at $175.12 this afternoon, brushing off a price-target cut from BofA Global Research to $345 from $354.

Investors Do Not Want to Miss Out on This Auto Stock

Asbury Automotive Group (ABG) closed the most recent trading day at $164.10, moving -1.08% from the previous trading session.

Asbury Automotive Group (ABG) Dips More Than Broader Markets: What You Should Know

DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., completed the previously announced acquisition (the LHM Acquisition), which includes Larry H. Miller Dealerships (LHM Dealerships) and Total Care Auto, Powered by Landcar (TCA ) from the Larry H. Miller Group of Companies (LHM Group), adding 54 new vehicle dealerships, seven used vehicle dealerships, 11 collision centers, a used vehicle wholesale busin

Asbury Automotive Group Completes the Transformative Acquisition of Larry H. Miller Dealerships and Total Care Auto, Powered by Landcar

The consensus price target hints at a 44% upside potential for Asbury Automotive (ABG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 44% Upside in Asbury Automotive (ABG): Can the Stock Really Move This High?

Arrow Electronics

Berry Global Group

Chemours

Kohl's

4 Reasons to Bet On Mid-Cap Value Today

Asbury Automotive Group, Inc. presents itself as one of the largest automotive retailers in the US.

News for Asbury Automotive Group Stock (ABG)