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Compared to Estimates, Asbury Automotive (ABG) Q1 Earnings: A Look at Key Metrics
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For the quarter ended March 2025, Asbury Automotive Group (ABG - Free Report) reported revenue of $4.15 billion, down 1.3% over the same period last year. EPS came in at $6.82, compared to $7.21 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $4.4 billion, representing a surprise of -5.80%. The company delivered an EPS surprise of -0.29%, with the consensus EPS estimate being $6.84.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Asbury Automotive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Unit sales - New vehicle: 41,496 compared to the 43,854 average estimate based on two analysts.
Unit sales - Used vehicle retail: 35,415 versus the two-analyst average estimate of 39,161.
Average selling price - New vehicle: $51.53 billion versus the two-analyst average estimate of $51.13 billion.
Unit sales - Used vehicle retail - same store: 35,414 versus the two-analyst average estimate of 34,688.
Average Gross profit per unit - Total new vehicle: $3.45 billion compared to the $3.46 billion average estimate based on two analysts.
Average Gross profit per unit - Used vehicle retail: $1.59 billion versus $1.51 billion estimated by two analysts on average.
Revenues- New vehicle: $2.14 billion compared to the $2.24 billion average estimate based on four analysts. The reported number represents a change of +3.6% year over year.
Revenues- Used vehicle: $1.24 billion compared to the $1.34 billion average estimate based on four analysts. The reported number represents a change of -8.9% year over year.
Revenues- Parts and service: $587.60 million compared to the $629.90 million average estimate based on four analysts. The reported number represents a change of -0.5% year over year.
Revenues- Finance and insurance net: $187 million compared to the $189.02 million average estimate based on four analysts. The reported number represents a change of -1.4% year over year.
Revenues- Used vehicle- Retail: $1.08 billion compared to the $1.20 billion average estimate based on three analysts. The reported number represents a change of -9.4% year over year.
Revenues- Used vehicle- Wholesale: $156.90 million compared to the $157.03 million average estimate based on three analysts. The reported number represents a change of -5.2% year over year.
Shares of Asbury Automotive have returned +1.6% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Asbury Automotive (ABG) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2025, Asbury Automotive Group (ABG - Free Report) reported revenue of $4.15 billion, down 1.3% over the same period last year. EPS came in at $6.82, compared to $7.21 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $4.4 billion, representing a surprise of -5.80%. The company delivered an EPS surprise of -0.29%, with the consensus EPS estimate being $6.84.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Asbury Automotive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Unit sales - New vehicle: 41,496 compared to the 43,854 average estimate based on two analysts.
- Unit sales - Used vehicle retail: 35,415 versus the two-analyst average estimate of 39,161.
- Average selling price - New vehicle: $51.53 billion versus the two-analyst average estimate of $51.13 billion.
- Unit sales - Used vehicle retail - same store: 35,414 versus the two-analyst average estimate of 34,688.
- Average Gross profit per unit - Total new vehicle: $3.45 billion compared to the $3.46 billion average estimate based on two analysts.
- Average Gross profit per unit - Used vehicle retail: $1.59 billion versus $1.51 billion estimated by two analysts on average.
- Revenues- New vehicle: $2.14 billion compared to the $2.24 billion average estimate based on four analysts. The reported number represents a change of +3.6% year over year.
- Revenues- Used vehicle: $1.24 billion compared to the $1.34 billion average estimate based on four analysts. The reported number represents a change of -8.9% year over year.
- Revenues- Parts and service: $587.60 million compared to the $629.90 million average estimate based on four analysts. The reported number represents a change of -0.5% year over year.
- Revenues- Finance and insurance net: $187 million compared to the $189.02 million average estimate based on four analysts. The reported number represents a change of -1.4% year over year.
- Revenues- Used vehicle- Retail: $1.08 billion compared to the $1.20 billion average estimate based on three analysts. The reported number represents a change of -9.4% year over year.
- Revenues- Used vehicle- Wholesale: $156.90 million compared to the $157.03 million average estimate based on three analysts. The reported number represents a change of -5.2% year over year.
View all Key Company Metrics for Asbury Automotive here>>>Shares of Asbury Automotive have returned +1.6% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.