Jul. 30 at 2:37 PM
$ABG beats earnings but misses revenue — what's the real story? 🤔
ABG posted Q2 EPS of
$7.43, topping the Zacks Consensus Estimate of
$6.82, driven by strong gross profits from vehicle sales. But, revenue of
$4.37B missed expectations due to segment-specific performance issues.
Full analysis here 👉 https://www.zacks.com/stock/news/2639257/asbury-automotives-q2-earnings-beat-estimates-revenues-lag?cid=sm-stocktwits-2-2639257-body-4773&ADID=SYND_STOCKTWITS_TWEET_2_2639257_BODY_4773