Asbury Automotive Group ABG is about to present its newest quarterly earnings report on Tuesday, 2022-02-15. This is what buyers must know earlier than the announcement.
Analysts estimate that Asbury Automotive Group will report an earnings per share (EPS) of $6.05.
Asbury Automotive Group bulls will hope to listen to the corporate to announce they’ve not solely overwhelmed that estimate, but additionally to offer constructive steerage, or forecasted development, for the subsequent quarter.
New buyers ought to notice that it’s typically not an earnings beat or miss that the majority impacts the value of a inventory, however the steerage (or forecast).
Previous Earnings Efficiency
Final quarter the corporate beat EPS by $1.11, which was adopted by a 4.87% drop within the share worth the subsequent day.
This is a have a look at Asbury Automotive Group’s previous efficiency and the ensuing worth change:
|Quarter||Q3 2021||Q2 2021||Q1 2021||This autumn 2020|
|Worth Change %||-4.87%||-1.17%||-0.01%||1.61%|
Shares of Asbury Automotive Group have been buying and selling at $161.56 as of February 11. Over the past 52-week interval, shares are up 4.46%. On condition that these returns are typically constructive, long-term shareholders are probably bullish going into this earnings launch.
If you wish to monitor all upcoming earnings bulletins, take a look at our Earnings Calendar right here
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