Preview: Asbury Automotive Gr's Earnings
Portfolio Pulse from Benzinga Insights
Asbury Automotive Gr (NYSE:ABG) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts estimating an EPS of $7.67. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting accordingly. Shares are currently trading at $209.8, down 10.29% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
February 07, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Asbury Automotive Gr is expected to report an EPS of $7.67 for the upcoming quarter. Past earnings have shown a mix of beats and misses, affecting stock price movements. Currently, shares are down 10.29% over the last year.
The expected EPS of $7.67 and past performance indicate a cautious outlook for ABG. The stock's 10.29% decline over the past year suggests bearish sentiment, but the actual earnings result and future guidance will be key drivers for short-term price movement. Given the mixed past performance, the impact is neutral until the earnings report provides clearer direction.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100