Group 1 Automotive Inc reports results for the quarter ended in December - Earnings Summary

Group 1 Automotive

25/01/2023 20:40

* Group 1 Automotive Inc  GPI.N  reported quarterly adjusted
earnings of $10.86​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of $10.66 per share.
    * Revenue rose 16.6% to $4.07 billion from a year ago;
analysts
expected $3.90 billion. 
    * Group 1 Automotive Inc's reported EPS for the quarter was
$10.76​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Group 1 Automotive Inc shares had risen by 7.0% this
quarter.
    * The company reported quarterly net income of $152.4
million.
    * Wall Street's median 12-month price target for Group 1
Automotive Inc is $287.50 
    * 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." 

This summary was machine generated from Refinitiv data January
25 at 08:39 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      10.66          10.86          Beat
 Sep. 30 2022      11.30          12.00          Beat
 Jun. 30 2022      10.83          12.00          Beat
 Mar. 31 2022      9.43           10.92          Beat