Asbury Automotive slips on weak first-quarter earnings

ReutersApr 29, 2025 4:05 PM

Shares of Asbury Automotive Group ABG.N fall 3.6% to $216.47 per share - lowest level in five sessions

ABG fell as much as 7% earlier in the day to mark its worst intraday fall since April 3

Posts Q1 adjusted net income of $134.3 million, below last year's $147 million

Q1 revenue slips 1% to $4.15 billion

Stock down ~11% this year, including the day's move

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