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Asbury Automotive Group Inc (ABG.N)

ABG.N on New York Stock Exchange

63.60USD
24 Nov 2017
Change (% chg)

$-0.65 (-1.01%)
Prev Close
$64.25
Open
$64.25
Day's High
$64.50
Day's Low
$63.40
Volume
22,566
Avg. Vol
57,455
52-wk High
$69.65
52-wk Low
$49.40

Latest Key Developments (Source: Significant Developments)

Asbury Automotive Group reported net income for third quarter of $1.48 per share
Tuesday, 24 Oct 2017 

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 Q3 adjusted non-GAAP earnings per share $1.52
Tuesday, 25 Oct 2016 

Asbury Automotive Group Inc : Q3 adjusted non-gaap earnings per share $1.52 . Q3 revenue $1.7 billion . Q3 earnings per share $1.47 from continuing operations . Asbury Automotive Group Inc - total revenue for q3 was $1.7 billion, down 2% from prior year . Q3 earnings per share $1.47 from continuing operations . Qtrly new vehicle revenue was flat . Q3 earnings per share view $1.61, revenue view $1.69 billion -- Thomson Reuters I/B/E/S . Qtrly used vehicle retail revenue down 1% . Qtrly eps from continuing operations of $1.47 per diluted share .Q3 adjusted non-GAAP earnings per share $1.52.  Full Article

Asbury Automotive Group announces amended and restated $1.3 bln senior credit facility
Tuesday, 26 Jul 2016 

Asbury Automotive Group Inc : Asbury Automotive Group announces amended and restated $1.3 billion senior credit facility . New senior credit facility also provides for expansion of availability up to a total availability of $1.625 billion . New vehicle floor plan interest rate will remain at one-month libor plus 125 basis points . Used vehicle floor plan interest will remain at one-month libor plus 150 basis points .Maturity date extended from August 2018 until July 2021.  Full Article

Asbury Automotive Q2 EPS $1.65
Tuesday, 26 Jul 2016 

Asbury Automotive Group Inc : Q2 earnings per share $1.65 . Qtrly new vehicle revenue down 1% . Total revenue for the second quarter was $1.6 billion, down 4 pct . Q2 earnings per share view $1.65, revenue view $1.71 billion -- Thomson Reuters I/B/E/S .Asbury Automotive Group inc qtrly used vehicle retail revenue down 4 pct.  Full Article

BRIEF-Asbury Automotive says in connection with David Hult’s appointment, size of board to be increased to 10 members - SEC filing

* Asbury Automotive says in connection with David Hult’s appointment, effective Jan 1, 2018, size of board to be increased to 10 members - SEC filing