News
GPI
299.71
+7.23%
20.21
Group 1 Automotive Stock Rises 6% on Wall Street Beat
Shares of Group 1 Automotive rise 7% to $300 in Wednesday morning trading. The car company beat analysts' estimates for both earnings and revenue in the first quarter. Group 1 said double-digit volume growth in U.S. Car sales boosted the company's top line. The stock remains down almost 3% year to date.
Dow Jones · 9h ago
Hilton Worldwide Reports Upbeat Results, Joins Hasbro, Vertiv Holdings And Other Big Stocks Moving Higher On Wednesday
Shares of Hilton Worldwide Holdings Inc. Rose sharply during Wednesday's session after the company reported better-than-expected first-quarter financial results. The Dow Jones fell over 100 points on Wednesday. Other big stocks recording gains in today's session included Tesla, Hasbro and B. Riley Financial.
Benzinga · 10h ago
Group 1 Automotive 7% After Q1 Earnings - CEO Touts Strength In UK Operations
Group 1 Automotive, Inc. Reports first-quarter adjusted earnings per share of $9.49. Revenues of $4.471 billion outpaced the analyst consensus. Sales rose 8.2% year over year. The company disposed of six dealerships in Beaumont, Texas.
Benzinga · 11h ago
GPI Stock Earnings: Group 1 Automotive Beats EPS, Beats Revenue for Q1 2024
Group 1 Automotive reported earnings per share of $9.49 for the first quarter of 2024. The company reported revenue of $4.47 billion. This was 2.08% better than the analyst estimate for revenue in the same period. Group 1 Autom automotive reported results for the quarter.
Investorplace · 11h ago
Group 1 Automotive Receives ‘Buy’ Rating on Q1 2024 Outperformance and Strategic Growth Opportunities
TipRanks · 12h ago
Group 1 Automotive (GPI) Lags Q1 Earnings Estimates
NASDAQ · 14h ago
*Group 1 Automotive 1Q Rev $4.47B Vs. $4.13B >GPI
Dow Jones · 15h ago
Group 1 Automotive Non-GAAP EPS of $9.49 beats by $0.07, revenue of $4.5B beats by $120M
Group 1 Automotive's Q1 Non-GAAP EPS of $9.49 beats by $0.07, revenue of $4.5B beats by $120M. The company also posted a quarterly record of $576.2 million in parts and service revenues.
Seeking Alpha · 16h ago
Group 1 Automotive Q1 Adj. EPS $9.49 Beats $9.38 Estimate, Sales $4.47B Beat $4.38B Estimate
Group 1 Automotive reported quarterly earnings of $9.49 per share. The company reported quarterly sales of $4.47 billion. Group 1 Autom automotive beat the analyst consensus estimate of $5 billion in sales for the same period last year. It also reported a 13.17 percent decrease in quarterly sales.
Benzinga · 16h ago
GROUP 1 AUTOMOTIVE Q1 ADJUSTED EPS CONTINUING OPERATIONS USD 9.49 VS. IBES ESTIMATE USD 9.38
Reuters · 16h ago
GROUP 1 AUTOMOTIVE REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS
Reuters · 16h ago
Press Release: Group 1 Automotive Reports First Quarter 2024 Financial Results
Group 1 Automotive Reports First Quarter 2024 Financial Results. Total revenues for the current quarter were $4.5 billion, a first quarter record. Parts and service revenues of $576.2 million were a quarterly record. Group 1 is a Fortune 300 automotive retailer with 203 dealerships in the U.S. And U.K.
Dow Jones · 16h ago
*Group 1 Auto 1Q EPS $10.80 >GPI
Dow Jones · 16h ago
*Group 1 Auto 1Q Net $147.9M >GPI
Dow Jones · 16h ago
Press Release: Group 1 Automotive Reports First -5-
Profit Gross profit margin is the difference between the cost of buying a new and a used vehicle. Sales of new and used vehicles are divided by the number of units sold. The average sales price of a new vehicle is $10.2 million. The number of used vehicles sold in the U.S. Is estimated to be in the range of $20 million.
Dow Jones · 16h ago
Group 1 Automotive: Q1 Earnings Snapshot
Group 1 Automotive Inc. Reports first-quarter profit of $144.6 million. Houston-based company says it had net income of $10.80 per share. The auto dealer posted revenue of $4.47 billion in the period. The results did not meet Wall Street expectations.
Barchart · 21h ago
Noteworthy Tuesday Option Activity: BA, GPI, AGNC
NASDAQ · 1d ago
Group 1 Automotive Q1 2024 Earnings Preview
Seeking Alpha · 1d ago
Notable earnings before Wednesday's open
Major earnings expected before the bell on Wednesday include: The Boeing, Biogen, General Dynamics, AT&T and Thermo Fisher Scientific. Other notable earnings slated for release before Wednesday's open include: Boeing, GE, TMO and others. The Boeing is expected to report its first quarter earnings after the close of trading.
Seeking Alpha · 1d ago
Auto Roundup: GPC's Quarterly Results, GPI's Buyout Deal of $439M & More
NASDAQ · 2d ago
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About GPI
Group 1 Automotive, Inc. is an international automotive retailer. The Company operates through two segments: the U.S. and the U.K. Through its dealerships and omnichannel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts retail and wholesale. The Company owns and operates approximately 202 automotive dealerships, 265 franchises, and 43 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles. It sells retail used vehicles directly to its customers at its dealerships and via AcceleRide, and wholesale used vehicles at third party auctions. Its operations are primarily located in areas, including Texas, Massachusetts, Oklahoma, California, Georgia, New Mexico, Maine, New Jersey, New Hampshire, Florida, South Carolina, Louisiana, Kansas, New York, Alabama, Maryland, and Mississippi.