Asbury Stock Is Down 17%. One Fund Just Increased Its Bet by Millions
Asbury Automotive Group runs a national dealership network, earning revenue from auto sales and high-margin after-sales services.
ABG - Asbury Automotive Group, Inc.
Asbury Automotive Group runs a national dealership network, earning revenue from auto sales and high-margin after-sales services.
ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., announced the formal transition of David Hult from CEO to Executive Chairman effective May 4th, 2026. “During his tenure, David Hult led Asbury through the largest period of growth in the company's history,” said Tom Reddin, Asbury's Non-Executive Chairman. “Asbury's revenue more than doubled, share price tripled, and earnings per share nea.
ABG Q1 earnings miss estimates as adjusted profit falls, despite gains from divestitures and strength in parts and service.
Asbury Automotive Group, Inc. (ABG) Q1 2026 Earnings Call Transcript
The headline numbers for Asbury Automotive (ABG) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Asbury Automotive Group (ABG) came out with quarterly earnings of $5.37 per share, missing the Zacks Consensus Estimate of $5.68 per share. This compares to earnings of $6.82 per share a year ago.
ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., reported first quarter 2026 net income of $188 million ($9.87 per diluted share), an increase of 42% from $132 million ($6.71 per diluted share) in first quarter 2025. The Company reported first quarter 2026 adjusted net income, a non-GAAP measure, of $102 million ($5.37 per diluted share), a decrease of 24% from $134 million ($6.82 per dil.
Gabriel Holding A/S has entered a market maker agreement with ABG Sundal Collier ASA effective 24 April 2026. The purpose of the Liquidity Provider scheme is to create liquidity on Nasdaq Copenhagen in the listed share and can be summarized as follows:
Asbury Automotive (ABG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ABG Sundal Collier Holding ASA (ABGSF) Q1 2026 Earnings Call Prepared Remarks Transcript
ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the United States, today celebrated the grand opening of the Company's state-of-the-art Dealership Support Center. Renovation on the new Dealership Support Center, located at 6655 Peachtree Dunwoody Road, in the heart of Sandy Springs, began in 2025 with corporate team members working from the building as early as November 2025. The renovated propert.
ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group Schedules Release of First Quarter 2026 Financial Results.
SG Americas Securities LLC lifted its position in Asbury Automotive Group, Inc. (NYSE: ABG) by 1,570.2% during the undefined quarter, according to its most recent disclosure with the SEC. The fund owned 9,086 shares of the company's stock after purchasing an additional 8,542 shares during the period. SG Americas Securities LLC's holdings in
Asbury Automotive Group, Inc. (NYSE: ABG - Get Free Report) has received a consensus rating of "Hold" from the eight brokerages that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The
13D Management sold 21,337 shares of Asbury Automotive Group in the fourth quarter of 2025. 13D reported a stake worth $5.2 million in its previous quarter's 13F.
Asbury Automotive Group, Inc. (NYSE: ABG - Get Free Report) hit a new 52-week low during mid-day trading on Friday. The company traded as low as $197.51 and last traded at $201.46, with a volume of 26319 shares traded. The stock had previously closed at $207.63. Wall Street Analyst Weigh In ABG has been the
Artisan Partners Limited Partnership grew its position in Asbury Automotive Group, Inc. (NYSE: ABG) by 3.1% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 218,028 shares of the company's stock after purchasing an additional 6,562 shares during the period.
GREENVILLE, S.C.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Asbury Automotive Group (“Asbury”) on the sale of three dealerships in Greenville, S.C., to RBM of Atlanta (“RBM”). The transaction, which included related real estate, closed Feb. 23 and involved Porsche of Greenville, Land Rover Greenville and.
ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group Portfolio Optimization; Increase in Share Repurchase Authorization to Replenish Such Authorization to $500M of Availability.
ST. LOUIS--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, advised Asbury Automotive Group, Inc. (“Asbury”) on the sale of six Plaza Motors dealerships and a collision center in the St. Louis market to MileOne Autogroup (“MileOne”). The sale of the Plaza Motors businesses and their related real estate closed Feb. 23. The transact.