Group 1 Automotive (GPI) Tops Q2 EPS by $3.09

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Group 1 Automotive Announces Second Quarter 2020 Financial Results

July 30, 2020 7:07 AM EDT

HOUSTON, July 30, 2020 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported 2020 second quarter net income of $30.2 million, diluted earnings per common share of $1.63, adjusted net income (a non-GAAP measure) of $69.6 million, and adjusted diluted earnings per common share (a non-GAAP measure) of $3.77.  The Company's 2020 second quarter total revenue was $2.1 billion.

Second quarter 2020 adjusted net income and diluted... More