Group 1 Automotive (GPI) Tops Q1 EPS by 23c

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Group 1 Automotive Announces First Quarter 2019 Financial Results

April 25, 2019 7:07 AM EDT

HOUSTON, April 25, 2019 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported 2019 first quarter net income of $38.6 million, diluted earnings per common share (EPS) of $2.08, adjusted net income (a non-GAAP measure) of $38.2 million, and adjusted diluted earnings per common share (a non-GAAP measure) of $2.06.

As shown in the attached non-GAAP reconciliation tables, the 2019 first quarter adjusted... More