Asbury Automotive Earnings Preview: Q4 Performance May Be Quite Underwhelming
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Asbury Automotive Group, Inc. is expected to report underwhelming Q4 earnings due to challenges like Hurricane Milton and stop-sale orders affecting major car brands. Analysts predict $5.98 EPS on $4.12B revenue, but historical misses suggest these estimates may be optimistic.
January 15, 2025 | 8:00 pm
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Asbury Automotive Group is likely to report disappointing Q4 earnings due to Hurricane Milton and stop-sale orders on major car brands, potentially missing analyst expectations.
The article highlights several negative factors impacting Asbury Automotive's Q4 performance, including natural disasters and stop-sale orders on key brands like Toyota, Lexus, BMW, and Honda. These issues are likely to lead to a miss on both revenue and earnings per share, as suggested by historical trends of overestimation by analysts.
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