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Group 1 Automotive (GPI) Misses Q3 Earnings Estimates

Group 1 Automotive (GPI) came out with quarterly earnings of 10.45pershare,missingtheZacksConsensusEstimateof10.45 per share, missing the Zacks Consensus Estimate of 10.64 per share. This compares to earnings of 9.9pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof1.799.9 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.79%. A quarter ago, it was expected that this auto dealer would post earnings of 10.31 per share when it actually produced earnings of $11.52, delivering a surprise of +11.74%.Over the last four quarters, th ...