AI brief of an SEC Form 8-K · Asbury Automotive (ABG)

Asbury Automotive Q3 net income falls 29% to $105 million; diluted EPS $5.84

Negative Impact 3 of 5 earnings

Asbury Automotive reported third quarter 2026 results with total revenue of $4.4 billion, down 8% from a year earlier, and net income of $105 million, down 29%. Diluted EPS fell to $5.84 from $7.52, and adjusted diluted EPS was $6.16 versus $7.17, so shareholders received lower per-share earnings on lower revenue, with the company citing completion of its Tekion system conversion.

Key points

  • Total revenue of $4.4 billion, down 8% from $4.8 billion in Q3 2025
  • Net income of $105 million versus $147 million; diluted EPS $5.84 versus $7.52
  • Adjusted diluted EPS of $6.16 versus $7.17 a year earlier (non-GAAP)
  • Year-to-date share repurchases of about $278 million; about $322 million remained on the authorization as of September 30, 2026

The filing

CompanyAsbury Automotive (ABG)
Form8-K, current report
Filed with the SECOct 27, 2026, 7:02 AM ET
Accession number0001144980-26-000109

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.