Group 1 Automotive (GPI) Misses Q4 EPS by 28c

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Group 1 Automotive Announces Fourth Quarter and Full Year 2020 Financial Results

February 4, 2021 7:07 AM EST

HOUSTON, Feb. 4, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported fourth quarter and full year 2020 financial results.  Fourth quarter 2020 net income per diluted share was $5.43, a 111.2 percent increase from $2.57 per diluted share as reported for fourth quarter 2019.  Fourth quarter 2020 adjusted net income per diluted share (a non-GAAP measure) was $5.66, an 88.0 percent increase from $3.01 per diluted share as reported for fourth quarter 2019.  

Full year 2020 net income per diluted share was $15.51, a 66.0 percent increase from $9.34 per diluted share as reported... More