NYSE$ABG

Asbury Automotive Group Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Asbury's Q4 2019 earnings were announced, featuring record EPS and adjusted EPS growth.

Asbury Automotive Group reported a strong fourth quarter in 2019, with a 6% increase in total revenue and a 15% increase in adjusted EPS. The company also signed an agreement to acquire 20 Park Place luxury franchises, expected to add $1.9 billion in annualized revenues.

  • Total revenue increased by 6%.
  • Used unit sales grew by 15%.
  • Parts and service gross profit increased by 8%.
  • Adjusted EPS increased by 15%.

Headline financials

Total Revenue

$1.89B

Previous: $1.78B+6.2%
EPS (adj)

$2.53

Previous: $2.20+15.0%
Used Vehicle Retail Units

22.3K

No prior period
Luxury Avg Gross Profit

$3.59K

No prior period
Import Avg Gross Profit

$674.00

No prior period
Domestic Avg Gross Profit

$1.82K

No prior period
New Vehicle Avg Gross Profit

$1.62K

No prior period
Capital Expenditures

$28.9M

Previous: $18.8M+53.7%
Net Income

$43.6M

Previous: $40.4M+7.9%
Operating Income

$79.1M

Previous: $77.3M+2.3%
Gross Profit

$302M

Previous: $282M+7.0%
Stock-Based Comp

$2.1M

Previous: $2.3M-8.7%

Revenue & EPS history

Asbury · Revenue · Quarterly

$1.89B

Q4 2019+6.2%vs Q4 2018
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Asbury · $3.43B total across 3 segments · Q3 2023

  • New Vehicle Revenue
    $1.9B+5.6%
  • Used Vehicle Revenue
    $1B-24.9%
  • Parts and Service Revenue
    $526M-1.9%

Forward guidance

Asbury Automotive Group's forward-looking statements involve significant risks and uncertainties that may cause results to differ materially. There can be no guarantees that Asbury's plans for future operations will be successfully implemented or that they will prove to be commercially successful.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.1%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.8%

Avg return

30 days after

40%

26 / 65 earnings

Positive

+16.1%

Q1 2022

Best reaction

-12.6%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%+1.5%-2.7%
Q4 2025-7.0%-3.6%-13.6%
Q3 2025+1.2%+0.1%+0.1%
Q1 2025-3.6%-0.9%+0.8%
Q4 2024+11.5%+7.8%-2.2%
Q3 2024+3.3%+1.1%+15.3%
Q2 2024-12.6%-13.7%-6.8%
Q1 2024+0.2%-5.1%+4.4%
Q4 2023+2.5%+3.6%-0.5%
Q3 2023-7.2%-6.3%+4.0%
Q2 2023-4.7%-5.6%-6.6%
Q1 2023-10.1%-6.5%-2.8%
Q4 2022+5.0%+1.8%+2.8%
Q3 2022+1.5%+8.5%+17.4%
Q2 2022+5.0%+6.9%+12.7%
Q1 2022+16.1%+23.1%+17.0%
Q4 2021+14.6%+15.6%+20.7%
Q3 2021-11.1%-12.4%-26.6%
Q2 2021-1.2%+4.3%-5.9%
Q1 2021-1.6%-4.5%-4.1%
Q4 2020-3.0%+2.5%+11.0%
Q3 2020-8.6%-11.7%+3.6%
Q2 2020-4.3%-7.9%-4.6%
Q1 2020-1.7%+5.4%+22.2%
Q4 2019-0.8%-2.9%-2.4%
Q3 2019-6.3%-2.9%+2.8%
Q2 2019+5.3%+2.6%-1.1%
Q1 2019+8.4%+10.6%+6.1%
Q4 2018-4.5%-4.7%-7.5%
Q3 2018+10.7%+13.5%+14.9%
Q2 2018-1.0%-1.7%+9.2%
Q1 2018+4.1%+1.6%+3.7%
Q4 2017+4.4%+5.4%+3.0%
Q3 2017+5.4%+8.7%+14.6%
Q2 2017-5.3%-2.8%-10.7%
Q1 2017-3.0%-7.9%-10.9%
Q4 2016+2.8%+2.8%-3.7%
Q3 2016-6.2%-5.4%+10.6%
Q2 2016-1.4%-0.2%-13.0%
Q1 2016+9.0%
Q4 2015+3.3%
Q3 2015-9.5%
Q2 2015-9.0%
Q1 2015-1.2%
Q4 2014-1.1%
Q3 2014-5.9%
Q2 2014-0.6%
Q1 2014+9.4%
Q4 2013+8.4%
Q3 2013-10.9%
Q2 2013+3.9%
Q1 2013+11.8%
Q4 2012-3.1%
Q3 2012+4.0%
Q2 2012-1.9%
Q1 2012+5.3%
Q1 2011+5.3%
Q4 2009-0.4%
Q4 2011-0.4%
Q3 2011-1.5%
Q3 2010-1.5%
Q2 2010+0.0%
Q4 2010+0.0%
Q2 2011+0.0%
Q1 2010-5.1%

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