Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-31262 ASBURY AUTOMOTIVE GROUP, INC. (Exact name of Registrant as specified in its charter) Delaware 01-0609375 (Stat ...

Asbury Automotive Group, Inc. (NYSE:ABG) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Chris Reeves - Vice President, Finance & Treasurer David Hult - President & Chief Executive Officer Dan Clara - Senior Vice President, Operations Michael Welch - Senior Vice President & Chief Financial Officer Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Jeff Lick - Stephens Ryan Sigdahl - Craig-Hallum Capital Group Bret Jordan - Jefferies David Whi ...

A B G | A s b u r y A u t o m o t i v e Investor Relations Presentation 2024 Third Quarter Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than historical fact, and may include statements relating to goals, plans, objectives, beliefs, expectations and assumptions, projections regarding Asbury's financial position, liquidity, results of operations, ca ...

For the quarter ended September 2024, Asbury Automotive Group (ABG) reported revenue of $4.24 billion, up 15.6% over the same period last year. EPS came in at $6.35, compared to $8.12 in the year-ago quarter. The reported revenue represents a surprise of -2.90% over the Zacks Consensus Estimate of $4.36 billion. With the consensus EPS estimate being $6.65, the EPS surprise was -4.51%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Asbury Automotive Group (ABG) came out with quarterly earnings of $6.35 per share, missing the Zacks Consensus Estimate of $6.65 per share. This compares to earnings of $8.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.51%. A quarter ago, it was expected that this auto dealership chain would post earnings of $7.31 per share when it actually produced earnings of $6.40, delivering a surprise of -12.45%.Over the last four ...

Exhibit 99.1 Investors & Reporters May Contact: Joe Sorice Manager, Investor Relations (770) 418-8211 ir@asburyauto.com Asbury Automotive Group Reports Third Quarter Results • Revenue of $4.2 billion, growth of 16% • Parts & Service gross profit growth of 16% • Same store SG&A as a percentage of gross profit of 64.5%; same store adjusted SG&A as a percentage of gross profit, a non-GAAP measure, of 63.8% • Sequential improvement in SG&A as a percentage of gross profit of 25 bps and adjusted SG&A as a percent ...

Shares of Asbury Automotive (ABG) have plunged 11.2% since the company reported second-quarter 2024 results. Adjusted earnings of $6.40 per share decreased 28.5% year over year and missed the Zacks Consensus Estimate of $7.31 on lower-than-expected gross profit from all businesses. In the reported quarter, revenues amounted to $4.25 billion, which increased 13% year over year but missed the Zacks Consensus Estimate of $4.36 billion. Segment Details In the quarter, new vehicle revenues rose 11% year over yea ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-31262 ASBURY AUTOMOTIVE GROUP, INC. (Exact name of Registrant as specified in its charter) Delaware 01-0609375 (State or ...

Asbury Automotive Group (ABG) reported $4.25 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 13.5%. EPS of $6.40 for the same period compares to $8.95 a year ago.The reported revenue represents a surprise of -2.67% over the Zacks Consensus Estimate of $4.36 billion. With the consensus EPS estimate being $7.31, the EPS surprise was -12.45%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Asbury Automotive Group (ABG) came out with quarterly earnings of $6.40 per share, missing the Zacks Consensus Estimate of $7.31 per share. This compares to earnings of $8.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.45%. A quarter ago, it was expected that this auto dealership chain would post earnings of $7.78 per share when it actually produced earnings of $7.21, delivering a surprise of -7.33%.Over the last four ...