Group 1 Automotive Reports Fourth Quarter and Full Year Financial Results

Go back to Group 1 Automotive Reports Fourth Quarter and Full Year Financial Results

KeyBanc Downgrades Group 1 Automotive Inc. (GPI) to Sector Weight

February 12, 2016 6:47 AM EST

KeyBanc downgraded Group 1 Automotive Inc. (NYSE: GPI) from Overweight to Sector Weight and removed its price target. Analyst Brett D. Hoselton pointed out near-term headwinds.

"Downgrade to SW: 1) top line could underperform peer group in 2016 driven by outsized exposure to oil-price-impacted... More

Group 1 Automotive (GPI) Declares $0.22 Quarterly Dividend; 1.6% Yield

February 11, 2016 7:12 AM EST

Group 1 Automotive (NYSE: GPI) declared a quarterly dividend of $0.22 per share, or $0.88 annualized.

The dividend will be payable on March 15, 2016, to stockholders of record on March 1, 2016, with an ex-dividend date of February 26, 2016.

The annual yield on the dividend is 1.6 percent.

For... More

Group 1 Automotive (GPI) Misses Q4 EPS by 27c; Lifts Buyback Plan to $150M

February 11, 2016 7:12 AM EST

Group 1 Automotive (NYSE: GPI) reported Q4 EPS of $1.51, $0.27 worse than the analyst estimate of $1.78. Revenue for the quarter came in at $2.67 billion versus the consensus estimate of $2.67 billion.

New vehicle revenues increased 3.2 percent on 3.0 percent higher unit sales. New vehicle gross profit decreased 3.7 percent, to $80.1 million, as margins decreased 6.6 percent or $130 per unit, to $1,843.Retail used vehicle revenues increased 11.0 percent... More