GPI Stock Recent News

GPI's fourth-quarter earnings and revenues beat the Zacks Consensus Estimate and increase year over year.

Group 1 Automotive Inc. (NYSE:GPI ) Q4 2024 Earnings Conference Call January 29, 2025 10:00 AM ET Company Participants Pete DeLongchamps - Senior Vice President of Manufacturer Relations and Financial Services Daryl Kenningham - President and Chief Executive Officer Daniel McHenry - Senior Vice President and Chief Financial Officer Conference Call Participants David Whiston - Morningstar Rajat Gupta - JPMorgan Daniela Haigian - Morgan Stanley John Murphy - Bank of America Jeff Licht - Stephens Inc. Bret Jordan - Jefferies Michael Ward - Freedom Capital Ron Jewsikow - Guggenheim Securities Glenn Chin - Seaport Research Partners Operator Good morning ladies and gentlemen. Welcome to Group 1 Automotive's Fourth Quarter and Full Year 2024 Financial Results Conference Call.

Although the revenue and EPS for Group 1 Automotive (GPI) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Group 1 Automotive president and CEO Daryl Kenningham joins 'Squawk Box' to discuss the company's quarterly earnings results, state of the auto retail industry, and more.

Group 1 Automotive (GPI) came out with quarterly earnings of $10.02 per share, beating the Zacks Consensus Estimate of $9.21 per share. This compares to earnings of $9.50 per share a year ago.

Current quarter diluted earnings per common share from continuing operations of $7.08 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $10.02 Full year all-time record retail new and used vehicle units sold of 413,364, a 13.8% increase over the comparable prior year period Gross profit of $879.2 million from total revenues of $5.5 billion, both quarterly records, and a 20.3% and 23.8% increase, respectively, over the comparable prior year period HOUSTON , Jan. 29, 2025 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today reported financial results for the fourth quarter of 2024 ("current quarter") and full year 2024 ("current year"). "Our U.S. team continues to execute at a high level.

Group 1 Automotive (GPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HOUSTON , Jan. 14, 2025 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced that it will release financial results for the fourth quarter and full year ended December 31, 2024 on Wednesday, January 29, 2025 before the market opens.  Daryl Kenningham, Group 1's President and Chief Executive Officer, and the Company's senior management team will host a conference call to discuss the results later that morning at 10:00 a.m.

Lithia Motors, Group 1 Automotive and Asbury Automotive Group have been highlighted in this Industry Outlook article.

Despite grim industry prospects, auto retail and wholesale stocks like LAD, GPI & ABG are set to benefit from digital efforts and strategic acquisitions.