Group 1 Automotive (GPI) Tops Q1 EPS by 16c

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Go back to Group 1 Automotive (GPI) Tops Q1 EPS by 16c

Group 1 Automotive Announces First Quarter 2018 Financial Results

April 26, 2018 7:08 AM EDT

HOUSTON, April 26, 2018 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported 2018 first quarter net income of $35.8 million, and diluted earnings per common share of $1.70. There were no non-GAAP adjustments for the first quarter of 2018.

In comparison, Group 1 generated $33.9 million of net income, $32.8 million of adjusted net income (a non-GAAP measure), $1.58 of diluted earnings per common share and $1.53 of adjusted diluted earnings per common share (a non-GAAP measure)... More