Group 1 Automotive (GPI) Tops Q3 EPS by 3c, Revenues Miss

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Go back to Group 1 Automotive (GPI) Tops Q3 EPS by 3c, Revenues Miss

Group 1 Automotive Announces Third Quarter 2018 Financial Results

October 25, 2018 7:07 AM EDT

HOUSTON, Oct. 25, 2018 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported 2018 third quarter net income of $34.8 million, diluted earnings per common share of $1.74, adjusted net income (a non-GAAP measure) of $49.2 million, and adjusted diluted earnings per common share (a non-GAAP measure) of $2.47.

Third quarter 2018 adjusted net income and diluted earnings per share exclude approximately $14.4 million of net after-tax adjustments, or $0.73 per common share. These adjustments are more... More