Group 1 Automotive Inc expected to post earnings of $11.48 a share - Earnings Preview

Group 1 Automotive

23/10/2023 16:43

* Group 1 Automotive Inc  GPI.N   GPI  is expected to show a
rise
in quarterly revenue when it reports  results on October 25. 
    * The Houston Texas-based  company is expected to report  a
8.2% increase in revenue to $4.507 billion from $4.16 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Group 1 Automotive
Inc is
for earnings of $11.48 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 $340​, above​ its last closing price
of $243.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  11.32       11.30      12.00     Beat    6.2
 ​​Jun.        10.85       10.83      12.00     Beat    10.8
 30 2022                                                
 Mar. 31 2022  9.45        9.43       10.92     Beat    15.8​
 Dec. 31 2021  9.10        9.07       9.54      Beat    5.2
 Sep. 30 2021  9.12        9.09       9.62      Beat    5.8
 This summary was machine generated October 23 at 15:43 GMT.  All
figures in US dollars  unless otherwise stated