Asbury automotive group reports record fourth quarter results

Duluth, ga.--(business wire)--asbury automotive group, inc. (nyse: abg) (the “company”), one of the largest automotive retail and service companies in the u.s., reported fourth quarter 2024 net income of $129 million ($6.54 per diluted share), an increase of 132% from $56 million ($2.70 per diluted share) in fourth quarter 2023. the company reported fourth quarter 2024 adjusted net income, a non-gaap measure, of $143 million ($7.26 per diluted share), a decrease of 2% from $146 million ($7.12 p.
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