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Asbury Automotive Group Inc (ABG.N)

ABG.N on New York Stock Exchange

67.80USD
16 Jul 2018
Change (% chg)

$0.45 (+0.67%)
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Latest Key Developments (Source: Significant Developments)

Abrams Capital Management Reports A 5.2 Pct Stake In Asbury Automotive Group
Thursday, 15 Mar 2018 06:24am EDT 

March 15 (Reuters) - Asbury Automotive Group Inc ::ABRAMS CAPITAL MANAGEMENT LP REPORTS A 5.2 PERCENT STAKE IN ASBURY AUTOMOTIVE GROUP AS OF MARCH 14 - SEC FILING.ABRAMS CAPITAL MANAGEMENT SAYS PREVIOUSLY REPORTED OWNERSHIP OF ASBURY AUTOMOTIVE'S COMMON STOCK IN A STATEMENT ON SCHEDULE 13G FILED ON FEB 14.ABRAMS CAPITAL MANAGEMENT SAYS CONCERNED ABOUT GOVERNANCE OF ASBURY AUTOMOTIVE DUE TO SCOTT THOMPSON’S RESIGNATION FROM BOARD.ABRAMS CAPITAL MANAGEMENT - INTEND TO DISCUSS CONCERNS WITH OTHER SHAREHOLDERS, DIRECTORS, MANAGEMENT OF ASBURY AUTOMOTIVE, OTHER INTERESTED PARTIES.ABRAMS CAPITAL MANAGEMENT - MAY TAKE CERTAIN ACTIONS, INCLUDING PROPOSING NOMINATION OF CANDIDATES FOR ASBURY AUTOMOTIVE'S BOARD, SOLICITING PROXIES.  Full Article

Asbury Automotive Group Q4 Adjusted Earnings Per Share $1.81
Tuesday, 6 Feb 2018 06:40am EST 

Feb 6 (Reuters) - Asbury Automotive Group Inc ::Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.81.QTRLY EARNINGS PER SHARE $2.03.QTRLY NEW VEHICLES REVENUE $964.1 MILLION VERSUS $935.6 MILLION LAST YEAR.QTRLY TOTAL USED VEHICLES REVENUE $437.5 MILLION VERSUS $468.9 MILLION LAST YEAR.Q4 EARNINGS PER SHARE VIEW $1.59 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL REVENUE $1,670.9 MILLION VERSUS $1,666.5 MILLION LAST YEAR.Q4 REVENUE VIEW $1.69 BILLION -- THOMSON REUTERS I/B/E/S.ASBURY AUTOMOTIVE - QTRLY NET INCOME WAS ADJUSTED FOR A $7.9 MILLION BENEFIT ($0.37 PER DILUTED SHARE) RELATED TO ADJUSTMENTS TO DEFERRED TAX BALANCES.  Full Article

Morgan Stanley Reports 5.3 Percent Passive Stake In Asbury Automotive Group As Of Dec. 12
Friday, 22 Dec 2017 04:16pm EST 

Dec 22 (Reuters) - MORGAN STANLEY ::MORGAN STANLEY REPORTS 5.3 PERCENT PASSIVE STAKE IN ASBURY AUTOMOTIVE GROUP AS OF DEC. 12 - SEC FILING.  Full Article

Michael & Susan Dell Foundation Reports 7.1 Pct Passive Stake In Asbury Automotive Group As Of Dec 5
Friday, 8 Dec 2017 06:06am EST 

Dec 8 (Reuters) - Asbury Automotive Group Inc ::MICHAEL & SUSAN DELL FOUNDATION REPORTS 7.1 PERCENT PASSIVE STAKE IN ASBURY AUTOMOTIVE GROUP INC AS OF DECEMBER 5, 2017 - SEC FILING‍​.  Full Article

Asbury Automotive Group reported net income for third quarter of $1.48 per share
Tuesday, 24 Oct 2017 07:19am EDT 

Oct 24 (Reuters) - Asbury Automotive Group Inc :Asbury Automotive Group Inc - reported net income for third quarter 2017 of $1.48 per diluted share - SEC filing‍​.Asbury Automotive Group - believe net impact of hurricanes was a reduction in earnings of at least $0.10 per diluted share in the qtr‍​.Asbury Automotive Group - CEO transition announced in August resulted in an accounting charge of $0.05 per diluted share in quarter.Asbury Automotive Group Inc qtrly new vehicle revenue $881.6 million, down 6 pct‍​.Asbury Automotive Group Inc - qtrly total revenue $1.60 billion versus $1.68 billion ‍​.Q3 earnings per share view $1.51, revenue view $1.69 billion -- Thomson Reuters I/B/E/S.Asbury Automotive Group Inc - did not adjust qtrly earnings for impact of the hurricanes, CEO transition‍​.Asbury Automotive Group Inc qtrly total used vehicle revenue $455.6 million, down 4 percent.Asbury Automotive Group Inc - qtrly total revenue on same store basis $1.55 billion versus $1.61 billion ‍​.  Full Article

Asbury Automotive Group Inc announces CEO succession plan
Tuesday, 22 Aug 2017 04:30pm EDT 

Aug 22 (Reuters) - Asbury Automotive Group Inc :Asbury Automotive Group Inc - ‍David Hult will succeed Craig T. Monaghan as company's president and chief executive officer effective January 1, 2018.Says Monaghan appointed vice chairman of the board​.Asbury Automotive Group Inc - ‍Monaghan also will serve as a non-executive special advisor to company until his retirement on April 30, 2019​.Asbury Automotive Group Inc - ‍Hult will also join company's board of directors​.  Full Article

Asbury Automotive Group Q2 total revenue $1.6 billion
Tuesday, 25 Jul 2017 06:55am EDT 

July 25 (Reuters) - Asbury Automotive Group Inc :Asbury Automotive Group Inc - second quarter EPS from continuing operations of $1.52 per diluted share.Asbury Automotive Group Inc - Q2 adjusted EPS from continuing operations of $1.58 per diluted share.Asbury Automotive Group Inc - total revenue for the second quarter remained flat at $1.6 billion compared to the prior year period.Asbury Automotive Group Inc - Q2 total revenue on a same-store basis was up 2 percent from the prior year period.Q2 earnings per share view $1.68, revenue view $1.65 billion -- Thomson Reuters I/B/E/S.Asbury Automotive Group Inc qtrly total used vehicles revenue up 2 percent to $479.2 million.Asbury Automotive Group Inc - qtrly new vehicles revenue $882.9 million versus $897 million a year ago.Asbury Automotive Group - "despite market pressures, we believe we can deliver low to mid-single digit EPS growth in the back half of the year".  Full Article

Asbury Automotive Q1 EPS from continuing operations of $1.61/shr
Thursday, 27 Apr 2017 08:30am EDT 

April 27 (Reuters) - Asbury Automotive Group Inc ::Asbury Automotive - Q1 EPS from continuing operations of $1.61 per diluted share.Asbury Automotive Group - Q1 adjusted EPS from continuing operations of $1.58 per diluted share.Asbury Automotive Group - total revenue for the first quarter remained flat at $1.6 billion compared to the prior year period.Asbury Automotive Group qtrly new vehicle revenue increased 1%.Asbury Automotive Group qtrly used vehicle retail revenue increased 4%.Q1 earnings per share view $1.48, revenue view $1.57 billion -- Thomson Reuters I/B/E/S.  Full Article

Asbury Automotive Group CEO Craig Monaghan's fy 2016 total compensation was $4.9 mln vs $4.8 mln in FY 2015 - SEC filing
Tuesday, 21 Mar 2017 05:14pm EDT 

Asbury Automotive Group Inc :CEO Craig Monaghan's FY 2016 total compensation was $4.9 million versus $4.8 million in FY 2015 - SEC filing.  Full Article

Asbury Automotive Group reports Q4 adj eps from cont ops of $1.56
Tuesday, 7 Feb 2017 06:22am EST 

Asbury Automotive Group Inc : Q4 eps from continuing operations of $3.08 per diluted share . Total revenue for Q4 was $1.7 billion, up 2% from prior year period . Qtrly new vehicle revenue increased 3% . Net income for Q4 2016 of $67.1 million, or $3.08 per diluted share . Q4 earnings per share view $1.42, revenue view $1.63 billion -- Thomson Reuters I/B/E/S . Qtrly used vehicle retail revenue up 7% .Q4 adjusted eps from continuing operations of $1.56 per diluted share.  Full Article

BRIEF-Asbury Automotive Group Announces 2018 First Quarter Financial Results

* ASBURY AUTOMOTIVE GROUP ANNOUNCES 2018 FIRST QUARTER FINANCIAL RESULTS Source text for Eikon: Further company coverage: