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

Group 1 Automotive

26/04/2023 14:32

* Group 1 Automotive Inc  GPI.N  reported quarterly adjusted
earnings of $10.93​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of $9.87 per share.
    * Revenue rose 7.4% to $4.13 billion from a year ago;
analysts
expected $3.88 billion. 
    * Group 1 Automotive Inc's reported EPS for the quarter was
$11.10​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
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 2.7% this
quarter and gained 22.1% so far this year.
    * The company reported quarterly net income of $158.4
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 LSEG Refinitiv data
April 26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      9.87           10.93          Beat
 Dec. 31 2022      10.66          10.86          Beat
 Sep. 30 2022      11.30          12.00          Beat
 Jun. 30 2022      10.83          12.00          Beat