- Asbury Automotive press release ( NYSE: ABG ): Q2 GAAP EPS of $9.07 beats by $0.16 .
- Revenue of $4B (+55.0% Y/Y) beats by $100M .
- Second quarter net income of $201 million, an increase of 32% over prior year quarter, and adjusted net income (a non-GAAP measure) of $223 million, an increase of 47% over prior year quarter
- Second quarter adjusted EBITDA (a non-GAAP measure) increased 56% over prior year quarter to $352 million, an all-time record
- Second quarter revenue of $4.0 billion, an increase of 53% over prior year quarter, and gross profit of $803 million, an increase of 61% over prior year quarter
- Second quarter same store F&I PVR of $2,409, a 32% increase over prior year quarter
- Second quarter operating margin of 8.5%.
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Asbury Automotive GAAP EPS of $9.07 beats by $0.16, revenue of $4B beats by $100M