Group 1 Automotive Inc expected to post earnings of $10.47 a share - Earnings Preview

Group 1 Automotive

29/01/2024 13:50

* Group 1 Automotive Inc  GPI.N   GPI  is expected to show a
rise
in quarterly revenue when it reports  results on January 31 for
the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
8.4% increase in revenue to $4.413 billion from $4.07 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Group 1 Automotive Inc
is for
earnings of $10.47 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Group 1
Automotive Inc is $332.50​, above​ its last closing price
of $274.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  11.50       11.48      12.07     Beat    5.1
 Jun. 30 2023  10.95       11.08      11.73     Beat    5.9
 Mar. 31 2023  9.96        9.72       10.93     Beat    12.5​
 Dec. 31 2022  10.68       10.66      10.86     Beat    1.8
 ​​Sep.        11.32       11.30      12.00     Beat    6.2
 30 2022                                                
 Jun. 30 2022  10.85       10.83      12.00     Beat    10.8​
 Mar. 31 2022  9.45        9.43       10.92     Beat    15.8
 Dec. 31 2021  9.10        9.07       9.54      Beat    5.2
 This summary was machine generated January 29 at 13:50 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)