Reuters logo
BRIEF-Asbury Automotive Group reported net income for third quarter of $1.48 per share
October 24, 2017 / 11:20 AM / 2 months ago

BRIEF-Asbury Automotive Group reported net income for third quarter of $1.48 per share

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 ‍​ Source text: (bit.ly/2zMk7sI) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below