Asbury Automotive: Q3 Earnings Snapshot

DULUTH Ga AP DULUTH Ga AP Asbury Automotive Group Inc ABG on Tuesday shared third-quarter earnings of million On a per-share basis the Duluth Georgia-based company revealed it had net income of Earnings adjusted for one-time gains and costs were per share The results beat Wall Street expectations The average estimate of four analysts surveyed by Zacks Funding Research was for earnings of per share The auto dealership chain posted revenue of billion in the period which also beat Street forecasts Three analysts surveyed by Zacks expected billion Asbury Automotive shares have fallen nearly since the beginning of the year The stock has risen in the last months This story was generated by Automated Insights http automatedinsights com ap using material from Zacks Outlay Research Access a Zacks stock summary on ABG at https www zacks com ap ABG Source