Asbury Automotive Group (ABG) Surpasses Q4 Earnings and Revenue Estimates
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Asbury Automotive Group (ABG) reported Q4 earnings of $7.26 per share, surpassing the Zacks Consensus Estimate of $6.07 per share. This marks an improvement from $7.12 per share a year ago.
January 30, 2025 | 2:30 pm
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Asbury Automotive Group (ABG) reported better-than-expected Q4 earnings of $7.26 per share, exceeding the Zacks Consensus Estimate of $6.07. This performance also shows growth compared to $7.12 per share a year ago.
ABG's earnings per share exceeded expectations and showed year-over-year growth, which is likely to positively impact the stock price in the short term. Beating estimates often leads to increased investor confidence and potential stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100