Third-quarter forecasts put Asbury EPS at $6.60 and revenue at $4.55 billion
Key Facts
Pre-announcement estimates for Asbury Automotive Group’s third quarter of 2026 projected earnings of $6.60 per share and revenue of $4.55 billion, according to data reported by Investing.com, citing Reuters. The forecasts included year-over-year declines of 7.95% in earnings per share and 5.21% in revenue. But these figures remain pre-announcement estimates and do not, by themselves, establish that actual results fell short of analysts’ expectations. No verified figures for third-quarter results or confirmed comparison with consensus are available in the information published here. It is therefore not possible to conclude that the company missed both earnings and revenue estimates based on these forecasts alone.
Third-quarter earnings-per-share estimates fell 8.65% in the 60 days before the announcement, while revenue estimates dropped 2.1% over the same period, according to Investing.com, citing Reuters. This means analysts’ forecasts had been moving lower ahead of the results, with a larger revision to earnings estimates than to revenue. Previous forecasts put earnings per share at $6.60 and revenue at $4.55 billion, with annual declines expected in both. However, the trajectory of estimates alone does not determine the quarter’s outcome or show whether the company beat or missed them. An actual comparison depends on the figures reported by the company and a reliable source for market expectations, neither of which is available in the evidence here.
Second-quarter results provide context on the company’s performance before the new reporting period. Revenue was $4,384.6 million in the second quarter of 2026, compared with $4,373.1 million in the corresponding quarter of 2025, according to the company’s filing with the U.S. Securities and Exchange Commission. Revenue was therefore slightly higher year over year, despite declines in profit measures over the same period. Net income was $115 million, down 25% from $153 million a year earlier. Reported diluted EPS also fell to $6.25 from $7.76.
Adjusted net income, a non-GAAP measure, was $125 million, or $6.82 per diluted share, in the second quarter. The company said that represented a 15% decline from $146 million, or $7.43 per share, in the second quarter of 2025. This comparison separates revenue performance, which edged higher, from earnings, which declined year over year. But it does not by itself identify the factors behind the drop in earnings or allow conclusions about third-quarter margins. Second-quarter figures remain historical context for the expected results, not a substitute for the latest period’s results.
Asbury’s operating base reflects the breadth of its automotive sales and related services. As of June 30, 2026, the company operated 202 new-car franchises across 158 locations, representing 34 brands, according to its 10-Q filing. Its operations also included 37 collision repair centers in 14 states. This footprint shows the scale of the company’s network at the end of the second quarter, but does not itself measure the performance of each business in the third quarter. Second-quarter revenue was divided among new vehicles at 53.1%, used-vehicle retail at 25.0%, parts and service at 14.5%, and finance and insurance at 4.2% of net revenue.
This mix shows that new vehicles accounted for the largest share of second-quarter revenue, followed by used-vehicle sales and then parts and service. Used-vehicle retail revenue was $1,094.0 million, while parts and service revenue was $634.6 million, out of total revenue of $4,384.6 million. These figures provide a measure of the size of the different businesses in the previous period, without indicating their direction in the third quarter. The stock closed at $172.96 on October 26, 2026, according to EL7 data. The available data do not include the session’s high and low prices, and are not sufficient on their own to attribute the stock’s movement to third-quarter results.