Key Insights The projected fair value for Sonic Automotive is US$63.85 based on 2 Stage Free Cash Flow to Equity Sonic...
Asbury's (ABG) first-quarter earnings miss estimates due to lower-than-expected gross profit from new vehicle, parts and service, and finance and insurance businesses.
Carvana (CVNA) puts up a solid first-quarter show, registering a record adjusted EBITDA margin of 7.7%. It expects a year-over-year increase in its retail sales units and adjusted EBITDA in 2024.