Group 1 Automotive Inc expected to post earnings of $11.08 a share - Earnings Preview

Group 1 Automotive

24/07/2023 19:35

* Group 1 Automotive Inc  GPI.N   GPI  is expected to show a
rise
in quarterly revenue when it reports  results on July 26. 
    * The Houston Texas-based  company is expected to report  a
5.2% increase in revenue to $4.362 billion from $4.15 billion a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Group 1 Automotive
Inc is
for earnings of $11.08 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 $300​, above​ its last closing price
of $257.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  9.96        9.72       10.93     Beat    12.5
 Dec. 31 2023  10.68       10.66      10.86     Beat    1.8
 Sep. 30 2022  11.32       11.30      12.00     Beat    6.2​
 Jun. 30 2022  10.85       10.83      12.00     Beat    10.8
 ​​Mar.        9.45        9.43       10.92     Beat    15.8
 31 2022                                                
 Dec. 31 2021  9.10        9.07       9.54      Beat    5.2​
 Sep. 30 2021  9.12        9.09       9.62      Beat    5.8
 Jun. 30 2021  8.15        7.84       10.31     Beat    31.5
 This summary was machine generated July 24 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated