Group 1 Automotive Q2 Adj. EPS $9.64 Misses $10.81 Estimate, Sales $5.385B Miss $5.685B Estimate
Group 1 Automotive (NYSE:GPI) reported quarterly earnings of $9.64 per share which missed the analyst consensus estimate of $10.81 by 10.82 percent. This is a 16.32 percent decrease over earnings of $11.52 per share
Group 1 Automotive made less money than experts expected this quarter, and sales were lower too. When a big company earns less than predicted, it can mean business was tougher or customers bought fewer cars.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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