Asbury Automotive Group (ABG) Set to Announce Quarterly Earnings on Tuesday

Asbury Automotive Group (NYSE:ABG – Get Free Report) is anticipated to post its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect the company to announce earnings of $6.47 per share and revenue of $4.52 billion for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 10:00 AM ET.

Asbury Automotive Group (NYSE:ABG – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $6.82 earnings per share for the quarter, beating the consensus estimate of $6.31 by $0.51. Asbury Automotive Group had a return on equity of 12.72% and a net margin of 2.83%. The company had revenue of $4.38 billion during the quarter, compared to analysts’ expectations of $4.49 billion. During the same period in the prior year, the business posted $7.43 EPS. Asbury Automotive Group’s quarterly revenue was up .3% compared to the same quarter last year. On average, analysts expect Asbury Automotive Group to post $25.64 EPS for the current fiscal year and $28.87 EPS for the next fiscal year.

Asbury Automotive Group Stock Performance

Shares of ABG stock opened at $169.98 on Tuesday. The stock has a 50 day moving average price of $194.06 and a two-hundred day moving average price of $200.21. Asbury Automotive Group has a fifty-two week low of $160.30 and a fifty-two week high of $258.74. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.29 and a current ratio of 0.91. The company has a market capitalization of $3.05 billion, a P/E ratio of 6.36, a PEG ratio of 0.95 and a beta of 0.78.

Wall Street Analysts Forecast Growth

ABG has been the subject of several recent analyst reports. UBS Group lowered their price objective on shares of Asbury Automotive Group from $250.00 to $193.00 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. Citigroup raised their price objective on Asbury Automotive Group from $212.00 to $250.00 and gave the company a “neutral” rating in a research report on Friday, July 31st. Barclays reissued a “reduce” rating on shares of Asbury Automotive Group in a research report on Tuesday, October 6th. JPMorgan Chase & Co. dropped their price target on shares of Asbury Automotive Group from $190.00 to $185.00 and set an “underweight” rating on the stock in a research note on Tuesday, October 6th. Finally, Seaport Research Partners upgraded Asbury Automotive Group from a “neutral” rating to a “buy” rating and set a $300.00 target price on the stock in a research note on Tuesday, September 8th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $214.00.

View Our Latest Analysis on Asbury Automotive Group

Insiders Place Their Bets

In other Asbury Automotive Group news, SVP Jed Milstein sold 948 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $250.28, for a total transaction of $237,265.44. Following the completion of the sale, the senior vice president directly owned 11,259 shares in the company, valued at approximately $2,817,902.52. The trade was a 7.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.75% of the company’s stock.

Asbury Automotive Group Company Profile

(Get Free Report)

Asbury Automotive Group, Inc is a U.S.-based automotive retailer that operates franchised and independent dealerships. Its dealerships sell new and used vehicles from a range of domestic, import and luxury automobile brands, and provide related services throughout the vehicle ownership cycle.

The company’s operations include automotive repair and maintenance, parts and accessories, collision repair, vehicle financing and insurance products, and other dealership services. Asbury also supports vehicle sales and service through digital retailing and online customer tools.

Founded in 1995, Asbury has expanded through acquisitions and serves customers across multiple markets in the United States.

Further Reading

Earnings History for Asbury Automotive Group (NYSE:ABG)

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