Group 1 (GPI) Q1 Earnings Miss Expectations, Decline Y/Y

Published on 26 Apr 2024 on Zacks via Yahoo Finance

Group 1 (GPI) Q1 Earnings Miss Expectations, Decline Y/Y

Group 1 Automotive GPI reported first-quarter 2024 adjusted earnings per share (EPS) of $9.49, missing the Zacks Consensus Estimate of $9.52 and falling 13.2% year over year. The automotive retailer registered net sales of $4.5 billion, beating the Zacks Consensus Estimate of $4.3 billion. Also, the top line rose from the year-ago quarter’s $4.13 billion.

Group 1 Automotive, Inc. Price, Consensus and EPS Surprise

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