earnings
confidence high
sentiment positive
materiality 0.85
Asbury Automotive Q4 EPS $6.44, adjusted $7.46; revenue $2.7B up 19%; share repurchase auth increased.
ASBURY AUTOMOTIVE GROUP INC
2021-FY EPS reported
$26.49
revenue$9,837,700,000
- GAAP EPS $6.44 diluted (+40% YoY); adjusted EPS $7.46 (+68% YoY).
- Q4 revenue $2.7B (+19%), gross profit +46%, operating margin 8.9% (+290 bps).
- Full year 2021 revenue $9.8B (+38%); adjusted EBITDA $828M (+94%).
- Board authorized $100M increase in share repurchase program to $200M total.
- Acquisitions added ~$6.6B annualized revenue; adjusted net leverage 2.7x at Dec 31.