Asbury Automotive reports Q2 EPS $8.95, consensus $8.24

Reports Q2 revenue $3.74B, consensus $. $3.80B. “Our team did an outstanding job with profitability and discipline on expense control,” said David Hult, Asbury’s President and Chief Executive Officer. “We continue to be adaptive in the current market conditions, with our results driven by the strength of our team members, our dealerships and our determination to deliver the best guest-centric experience.” The financial measures discussed below include both GAAP and adjusted inancial measures. Please see “Non-GAAP Financial Disclosure and Reconciliation, Same Store Data and Other Data” and the reconciliations for non-GAAP metrics used herein.