Group 1 Automotive: Q4 Earnings Insights

Group 1 Automotive (NYSE:GPI) reported its Q4 earnings results on Wednesday, January 31, 2024 at 06:01 AM. Here’s…

Group 1 Automotive (NYSE:GPI) reported its Q4 earnings results on Wednesday, January 31, 2024 at 06:01 AM.

Here’s what investors need to know about the announcement.

Earnings

Group 1 Automotive missed estimated earnings by 9.35%, reporting an EPS of $9.5 versus an estimate of $10.48.

Revenue was up $411.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.59 which was followed by a 4.03% increase in the share price the next day.

Here’s a look at Group 1 Automotive’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 11.48 11.08 9.87 10.66
EPS Actual 12.07 11.73 10.93 10.86
Revenue Estimate 4.51B 4.36B 3.88B 3.90B
Revenue Actual 4.71B 4.56B 4.13B 4.07B

To track all earnings releases for Group 1 Automotive visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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