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

Group 1 Automotive

27/07/2022 14:33

* Group 1 Automotive Inc  GPI.N  reported quarterly adjusted
earnings of $12.00​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of $10.83 per share.
    * Revenue fell 99.9% to $4.15 million from a year ago;
analysts
expected $4.07 billion. 
    * Group 1 Automotive Inc's reported EPS for the quarter was
$11.90​.
    * The mean earnings estimate of analysts had risen by
about 8.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Group 1 Automotive Inc shares had fallen by 0.2% this
quarter and lost 13.2% so far this year.
    * The company reported quarterly net income of $190.6
million.
    * Wall Street's median 12-month price target for Group 1
Automotive Inc is $300.00 
    * 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 July 27
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      10.83          12.00          Beat
 Mar. 31 2022      9.43           10.92          Beat
 Dec. 31 2021      9.07           9.54           Beat
 Sep. 30 2021      9.09           9.62           Beat