Group 1 Automotive (GPI) Tops Q3 EPS by 30c

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Group 1 Automotive Announces Third Quarter 2019 Financial Results

October 24, 2019 6:11 AM EDT

HOUSTON, Oct. 24, 2019 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported 2019 third quarter net income of $38.0 million, diluted earnings per common share of $2.04, adjusted net income (a non-GAAP measure) of $56.4 million, and adjusted diluted earnings per common share (a non-GAAP measure) of $3.02.  The Company's 2019 third quarter total revenue was an all-time quarterly record of $3.1 billion.

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