Asbury automotive group reports second quarter 2023 financial 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 second quarter 2023 net income of $196 million ($9.34 per diluted share), a decrease of 2% from $201 million ($9.07 per diluted share) in second quarter 2022. second quarter 2023 adjusted net income, a non-gaap measure, decreased 16% year-over-year to $188 million ($8.95 per diluted share) compared to adjusted net income of $22.
ABG Ratings Summary
ABG Quant Ranking