Group 1 Automotive (GPI) Tops Q3 EPS by $1.66

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Go back to Group 1 Automotive (GPI) Tops Q3 EPS by $1.66

Group 1 Automotive Announces All-Time Record Quarterly Earnings Per Share

October 29, 2020 7:07 AM EDT

HOUSTON, Oct. 29, 2020 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported 2020 third quarter net income of $126.4 million, diluted earnings per common share of $6.83, adjusted net income (a non-GAAP measure) of $129.0 million, and adjusted diluted earnings per common share (a non-GAAP measure) of $6.97.  This compares to diluted earnings per common share of $2.04 and adjusted diluted earnings per common share (a non-GAAP measure) of $3.02 in 2019.  The Company's 2020 third quarter total revenue was $3.0 billion.

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