We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Asbury Automotive's Q3 EPS of $7.17 beat estimates and rose from $6.35 in the prior year.
Q3 revenues grew 13% year over year to $4.80 billion, exceeding consensus expectations.
New vehicle sales surged 17% as unit volume and average selling prices outpaced forecasts.
Asbury Automotive (ABG - Free Report) reported third-quarter 2025 adjusted earnings per share of $7.17, which beat the Zacks Consensus Estimate of $6.80 and increased from $6.35 generated in the year-ago period. Better-than-expected gross profits from new vehicle sales, finance and insurance business, as well as parts and service business, resulted in the outperformance. In the reported quarter, revenues amounted to $4.80 billion, which increased nearly 13% year over year and beat the Zacks Consensus Estimate of $4.69 billion.
Asbury Automotive Group, Inc. Price, Consensus and EPS Surprise
In the quarter, new vehicle revenues rose 17% year over year to $2.53 billion, beating the Zacks Consensus Estimate of $2.44 billion. The outperformance was due to the higher-than-expected number of units sold. Retail units sold in the segment totaled 48,070 (up 13% year over year), which topped the consensus mark of 45,535 units. The new vehicle average selling price (“ASP”) was $52,609 (up 4%), which beat the consensus mark of $52,259. Gross profit from the segment was $161 million, up 7% from the prior-year quarter. The metric also surpassed the Zacks Consensus Estimate of $157 million.
Used-vehicle retail revenues rose 7% from the year-ago figure to $1.23 billion but missed the Zacks Consensus Estimate of $1.24 billion due to a lower-than-expected number of units sold. Retail used vehicle units sold in the quarter totaled 37,696 (up 1% year over year), lagging the consensus mark of 39,323. Retail used vehicle ASP was $32,543 (up 6% year over year), which topped the Zacks Consensus Estimate of $31,576. Gross profit from the segment was $61.5 million (up 10% year over year), lagging the Zacks Consensus Estimate of $63 million.
Revenues from the used vehicle wholesale business climbed 27% to $185.5 million and beat the consensus mark of $160 million. Gross profit from the unit jumped 14% to $3.8 million, missing the consensus mark of $4.15 million.
Net revenues from the finance and insurance business amounted to $200.3 million, up 8% from the year-ago quarter. The metric beat the Zacks Consensus Estimate of $187 million. Gross profit was $187.1 million, which was up 9% year over year and beat the Zacks Consensus Estimate of $178 million.
Revenues from the parts and service business were $659.4 million, up from the year-ago quarter’s $593.1 million but missed the Zacks Consensus Estimate of $661 million. Gross profit from this segment was $389.1 million. The figure surpassed the consensus mark of $388 million and rose 9% year over year.
ABG’s Other Tidbits
Selling, general & administrative expenses as a percentage of gross profit rose to 65.7%, which marked an increase of 70 basis points year over year.
As of Sept. 30, 2025, the company had cash and cash equivalents of $32.2 million, down from $69.4 million as of Dec. 31, 2024. It had a long-term debt of $3.6 billion as of Sept. 30, 2025, up from $3.14 billion as of Dec. 31, 2024.
The Zacks Consensus Estimate for CPS’ 2025 sales and earnings implies year-over-year growth of 2.5% and 137.8%, respectively. EPS estimates for 2025 and 2026 have improved 36 cents and 23 cents, respectively, in the past seven days.
The Zacks Consensus Estimate for KAR’s fiscal 2025 sales and earnings implies year-over-year growth of 5.6% and 37.7%, respectively. EPS estimates for fiscal 2025 have improved 13 cents in the past 90 days. EPS estimates for fiscal 2026 have improved 13 cents in the past 30 days.
The Zacks Consensus Estimate for GTX’s 2025 sales and earnings implies year-over-year growth of 2.4% and 14.3%, respectively. EPS estimates for 2025 and 2026 have improved 8 cents and 17 cents, respectively, in the past seven days.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Asbury Q3 Earnings Surpass Estimates, Revenues Rise Y/Y
Key Takeaways
Asbury Automotive (ABG - Free Report) reported third-quarter 2025 adjusted earnings per share of $7.17, which beat the Zacks Consensus Estimate of $6.80 and increased from $6.35 generated in the year-ago period. Better-than-expected gross profits from new vehicle sales, finance and insurance business, as well as parts and service business, resulted in the outperformance. In the reported quarter, revenues amounted to $4.80 billion, which increased nearly 13% year over year and beat the Zacks Consensus Estimate of $4.69 billion.
Asbury Automotive Group, Inc. Price, Consensus and EPS Surprise
Asbury Automotive Group, Inc. price-consensus-eps-surprise-chart | Asbury Automotive Group, Inc. Quote
Asbury’s Segment Details
In the quarter, new vehicle revenues rose 17% year over year to $2.53 billion, beating the Zacks Consensus Estimate of $2.44 billion. The outperformance was due to the higher-than-expected number of units sold. Retail units sold in the segment totaled 48,070 (up 13% year over year), which topped the consensus mark of 45,535 units. The new vehicle average selling price (“ASP”) was $52,609 (up 4%), which beat the consensus mark of $52,259. Gross profit from the segment was $161 million, up 7% from the prior-year quarter. The metric also surpassed the Zacks Consensus Estimate of $157 million.
Used-vehicle retail revenues rose 7% from the year-ago figure to $1.23 billion but missed the Zacks Consensus Estimate of $1.24 billion due to a lower-than-expected number of units sold. Retail used vehicle units sold in the quarter totaled 37,696 (up 1% year over year), lagging the consensus mark of 39,323. Retail used vehicle ASP was $32,543 (up 6% year over year), which topped the Zacks Consensus Estimate of $31,576. Gross profit from the segment was $61.5 million (up 10% year over year), lagging the Zacks Consensus Estimate of $63 million.
Revenues from the used vehicle wholesale business climbed 27% to $185.5 million and beat the consensus mark of $160 million. Gross profit from the unit jumped 14% to $3.8 million, missing the consensus mark of $4.15 million.
Net revenues from the finance and insurance business amounted to $200.3 million, up 8% from the year-ago quarter. The metric beat the Zacks Consensus Estimate of $187 million. Gross profit was $187.1 million, which was up 9% year over year and beat the Zacks Consensus Estimate of $178 million.
Revenues from the parts and service business were $659.4 million, up from the year-ago quarter’s $593.1 million but missed the Zacks Consensus Estimate of $661 million. Gross profit from this segment was $389.1 million. The figure surpassed the consensus mark of $388 million and rose 9% year over year.
ABG’s Other Tidbits
Selling, general & administrative expenses as a percentage of gross profit rose to 65.7%, which marked an increase of 70 basis points year over year.
As of Sept. 30, 2025, the company had cash and cash equivalents of $32.2 million, down from $69.4 million as of Dec. 31, 2024. It had a long-term debt of $3.6 billion as of Sept. 30, 2025, up from $3.14 billion as of Dec. 31, 2024.
Asbury’s Zacks Rank & Key Picks
ABG carries a Zacks Rank #3 (Hold) at present.
Some better-ranked stocks in the auto space are Cooper-Standard Holdings Inc. (CPS - Free Report) , OPENLANE, Inc. (KAR - Free Report) and Garrett Motion Inc. (GTX - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for CPS’ 2025 sales and earnings implies year-over-year growth of 2.5% and 137.8%, respectively. EPS estimates for 2025 and 2026 have improved 36 cents and 23 cents, respectively, in the past seven days.
The Zacks Consensus Estimate for KAR’s fiscal 2025 sales and earnings implies year-over-year growth of 5.6% and 37.7%, respectively. EPS estimates for fiscal 2025 have improved 13 cents in the past 90 days. EPS estimates for fiscal 2026 have improved 13 cents in the past 30 days.
The Zacks Consensus Estimate for GTX’s 2025 sales and earnings implies year-over-year growth of 2.4% and 14.3%, respectively. EPS estimates for 2025 and 2026 have improved 8 cents and 17 cents, respectively, in the past seven days.