Group 1 Automotive (GPI) Tops Q4 EPS by 21c

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Go back to Group 1 Automotive (GPI) Tops Q4 EPS by 21c

Group 1 Automotive Reports Record Fourth Quarter & Full Year 2017 Financial Results

February 8, 2018 7:09 AM EST

HOUSTON, Feb. 8, 2018 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported 2017 fourth quarter net income of $110.5 million, diluted earnings per common share of $5.27, adjusted net income (a non-GAAP measure) of $44.3 million, and adjusted diluted earnings per common share (a non-GAAP measure) of $2.11.

As shown in the attached non-GAAP reconciliation tables, the 2017 fourth quarter adjusted results (non-GAAP measures) exclude approximately $66.2 million of net... More