Asbury Automotive reports Q2 adjusted EPS $7.43, consensus $6.86

Reports Q2 revenue $4.4B, consensus $4.45B. “I commend our team members for their sustained focus on growth, profitability and cost discipline,” said David Hult, Asbury’s president and CEO. “This year, we have taken strategic steps to optimize our portfolio in order to position ourselves for continued, long-term operational success. This July, we welcomed The Herb Chambers Automotive Group to Asbury and we look forward to entering a new region of the country with a flagship group of operators and stores.”