Asbury Automotive Group (ABG) Q2 Earnings and Revenues Lag Estimates

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 ...