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Sep 30, 2023
Asbury Q3 2023 Earnings Report
Asbury's financial performance demonstrated resilience and strategic execution amidst evolving market dynamics.
Key Takeaways
Asbury Automotive Group reported a revenue of $3.7 billion and an adjusted EPS of $8.12 for Q3 2023. The company is focused on long-term strategic goals, including the pending acquisition of Jim Koons Automotive Group.
Delivered $3.7 billion in revenue.
Adjusted EPS was $8.12.
Parts and Service business showed year-over-year growth.
Clicklane achieved record sales with over 11,600 vehicles sold.
Revenue by Segment
Forward Guidance
Asbury is winding down on year 3 of their 5 year plan and will update their 2025 growth objectives after year-end results and the planned closing of the Koons acquisition to provide a clearer road map for their long-term growth trajectory.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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