GPI Stock Recent News

Get a deeper insight into the potential performance of Group 1 Automotive (GPI) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

HOUSTON , Jan. 16, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 199 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, 2023 on Wednesday, January 31, 2024, 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.

Group 1 Automotive CEO Daryl Kenningham joins 'Power Lunch' to discuss the state of the auto industry and more.

Retail Sales in the United States increased 4.1% year-on-year in November 2023, marking the strongest annual growth since February, following a downwardly revised 2.2% gain in October.

Group 1 Automotive shares have delivered a total return of 2530% since 1997, significantly outperforming the S&P 500. GPI competes in a highly competitive industry but enjoys advantages due to state regulations and scale. GPI has proven an effective consolidator of smaller auto dealerships and significant consolidation opportunities have potential to drive future growth.

Daryl Kenningham, Group 1 Automotive president and CEO, joins 'Squawk Box' to discuss the company's earnings results, with both earnings and sales topping expectations, impact of UAW strike, EV demand, and more.

Group 1 Automotive (GPI) came out with quarterly earnings of $12.07 per share, beating the Zacks Consensus Estimate of $11.32 per share. This compares to earnings of $12 per share a year ago.

HOUSTON , Oct. 9, 2023 /PRNewswire/ --  Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 200 dealerships located in the U.S. and U.K., today announced that it will release financial results for the third quarter ended September 30, 2023 on Wednesday, October 25, 2023, 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 9:00 a.m.

Group 1 Automotive (GPI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

GPI, INBK and KD made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 28, 2023.