financetom
Business
financetom
/
Business
/
Asbury Automotive Group's Q2 Adjusted Earnings Fall, Revenue Increases
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Asbury Automotive Group's Q2 Adjusted Earnings Fall, Revenue Increases
Aug 2, 2024 5:22 AM

07:51 AM EDT, 08/02/2024 (MT Newswires) -- Asbury Automotive Group ( ABG ) reported Q2 adjusted earnings Friday of $6.40 per diluted share, down from $8.95 a year earlier.

Analysts polled by Capital IQ expected $7.33.

Revenue for the quarter ended June 30 was $4.25 billion, compared with $3.74 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.32 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--General Motors Approves $6 Billion Share Repurchase
--General Motors Approves $6 Billion Share Repurchase
Jun 11, 2024
07:15 AM EDT, 06/11/2024 (MT Newswires) -- Price: 47.90, Change: +0.33, Percent Change: +0.69 ...
Digihost Technology Signs Profit-Sharing Agreement to Expand Bitcoin Mining Operations
Digihost Technology Signs Profit-Sharing Agreement to Expand Bitcoin Mining Operations
Jun 11, 2024
07:19 AM EDT, 06/11/2024 (MT Newswires) -- Digihost Technology ( DGHI ) said Tuesday that it signed a profit-sharing agreement with a strategic partner to expand bitcoin mining operations. Under the agreement, Digihost ( DGHI ) will integrate into its facilities 11,000 S21 miners, about 44 megawatts of hosting. The deal also includes a profit-sharing component, under which Digihost (...
QuantaSing Group's Board Approves $20 Million Share Repurchase Program; ADRs Jump in Premarket Trade
QuantaSing Group's Board Approves $20 Million Share Repurchase Program; ADRs Jump in Premarket Trade
Jun 11, 2024
07:17 AM EDT, 06/11/2024 (MT Newswires) -- QuantaSing Group ( QSG ) said on Tuesday that its board has authorized a share repurchase program under which the company may repurchase up to $20 million of its Class A ordinary shares in the form of American depositary shares. The share repurchase program is effective over a 12-month period starting Tuesday and...
Descartes Systems Group Acquires BoxTop Technologies
Descartes Systems Group Acquires BoxTop Technologies
Jun 11, 2024
06:24 AM EDT, 06/11/2024 (MT Newswires) -- Descartes Systems Group ( DSGX ) on Tuesday said it has acquired UK-based BoxTop Technologies, a provider of shipment management solutions for small- to mid-sized logistics services providers (LSPs). Descartes acquired BoxTop for about 10.3 million British pounds, funding the deal using cash on hand. BoxTop enables LSPs to digitize their operations and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved