Asbury Automotive Q4 Earnings Beat Street View; Boosts Buyback
Asbury Automotive Group Inc (NYSE:ABG) reported fourth-quarter FY21 sales growth of 19% year-on-year, to $2.65 billion, beating the analyst consensus of $2.48 billion. New vehicle unit volume decreased 8%, and new vehicle revenue increased 5%. Used vehicle retail unit volume increased 27%, and used vehicle retail revenue increased 53%. Adjusted EPS of $7.46…
Benzinga ·