Group 1 Automotive (GPI) Reports Q1 EPS of $0.73, Beats By 5c; Reaffirms FY08 Outlook

April 29, 2008 7:52 AM EDT

Group 1 Automotive (NYSE: GPI) reports Q1 EPS of $0.73, 5 cents better than the analyst estimate of $0.68. Revenues for the quarter came in at $1.4 million, versus the consensus of $1.48 billion.

Reaffirms FY08 forecast of $2.95-$3.25, versus the consensus of $3.19.

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. [BCS]


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