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Dec 31, 2019
Asbury Q4 2019 Earnings Report
Asbury's Q4 2019 earnings were announced, featuring record EPS and adjusted EPS growth.
Key Takeaways
Asbury Automotive Group reported a strong fourth quarter in 2019, with a 6% increase in total revenue and a 15% increase in adjusted EPS. The company also signed an agreement to acquire 20 Park Place luxury franchises, expected to add $1.9 billion in annualized revenues.
Total revenue increased by 6%.
Used unit sales grew by 15%.
Parts and service gross profit increased by 8%.
Adjusted EPS increased by 15%.
Asbury
Asbury
Asbury Revenue by Segment
Revenue by Segment
New Vehicle Revenue
CapyFin.comUsed Vehicle Revenue
CapyFin.comParts & Service Revenue
CapyFin.comF&I Net Revenue
CapyFin.com Forward Guidance
Asbury Automotive Group's forward-looking statements involve significant risks and uncertainties that may cause results to differ materially. There can be no guarantees that Asbury's plans for future operations will be successfully implemented or that they will prove to be commercially successful.
Revenue & Expenses
Visualization of income flow from segment revenue to net income