Asbury posts weaker earnings due to higher costs


DETROIT, April 30 (Reuters) - Auto dealership group Asbury Automotive Group Inc. on Wednesday said its quarterly earnings fell to $7.1 million due to higher expenses. The Stamford, Connecticut-based company said its first quarter earnings fell to 21 cents per share, down from $11.4 million or 34 cents per share in the year-ago quarter. Wall Street analysts had expected the company to earn 20 cents per share, according to research firm Thomson First Call. Asbury said earlier this month ...

Premium Content (PAID Subscription Required)

"Asbury posts weaker earnings due to higher costs" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×