Asbury Automotive Group Inc.'s (ABG) fourth-quarter net income improved to $22.8 million, or $0.73 per share, from $21.5 million, or $0.68 per share in the prior-year period. On average, 11 analysts polled by Thomson Reuters expected earnings per share of $0.65 for the quarter. Analysts' estimates typically exclude one-time items.
Total revenues increased 15% year-over-year to $1.22 billion, from $1.06 billion, while 8 analysts estimated revenues of $1.18 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.