Asbury Q3 net income $205M ($9.23 EPS), revenue $3.9B, up 39% and 61% YoY

ASBURY AUTOMOTIVE GROUP INC

2022-Q3 EPS reported $28.72 revenue$11,727,900,000

Net income $205M ($9.23 diluted EPS), up 39% YoY; no adjustments in current quarter.
Revenue $3.9B, up 61% YoY; gross profit $768M, up 60%.
Adjusted EBITDA $329M, up 54% YoY; adjusted net leverage ratio 1.9x at quarter end.
Same-store dealership revenue down 3%; new vehicle unit volume down 16%, parts & service revenue up 12%.
Hurricane Ian pretax impact $4.0M ($0.14 EPS); Clicklane online sales record over 6,800 units.

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