Group 1 Automotive Inc expected to post earnings of $9.39 a share - Earnings Preview

Group 1 Automotive

22/04/2024 15:04

* Group 1 Automotive Inc  GPI.N   GPI  is expected to show a
rise
in quarterly revenue when it reports  results on April 24 for
the period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
6.1% increase in revenue to $4.38 billion from $4.13 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Group 1 Automotive Inc
is for
earnings of $9.39 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "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 $340.00​, above​ its last closing price
of $265.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  10.44       10.44      9.50      Missed  -9
 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.        10.68       10.66      10.86     Beat    1.8
 31 2022                                                
 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. 31 2022  9.45        9.43       10.92     Beat    15.8
 This summary was machine generated April 22 at 14:04 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)