Group 1 Automotive (GPI) Company Overview

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GPI's earnings and revenues for the fourth quarter exceeded the Zacks Consensus Estimate and showed growth compared to the previous year.

Group 1 Automotive Inc. (NYSE:GPI) will hold its Q4 2024 Earnings Conference Call on January 29, 2025, at 10:00 AM ET. The call will feature key company participants, including Pete DeLongchamps, Daryl Kenningham, and Daniel McHenry, along with various conference call participants from notable financial institutions. The operator will begin the call by welcoming everyone to the discussion of Group 1 Automotive's financial results for the fourth quarter and the entire year of 2024.

Daryl Kenningham, the president and CEO of Group 1 Automotive, appears on 'Squawk Box' to talk about the company's quarterly earnings, the current situation in the auto retail industry, and other related topics.

In the current quarter, the diluted earnings per share from ongoing operations are $7.08, while the adjusted diluted earnings per share (a non-GAAP measure) stand at $10.02. The company achieved a record total of 413,364 new and used vehicles sold in the full year, marking a 13.8% increase compared to the previous year. Additionally, Group 1 Automotive reported a gross profit of $879.2 million from total revenues of $5.5 billion, both of which are quarterly records and show significant growth from the prior year.

While the revenue and earnings per share (EPS) for Group 1 Automotive (GPI) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Group 1 Automotive (GPI) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.

HOUSTON, Jan. 14, 2025 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), a major automotive retailer with 259 dealerships in the U.S. and U.K., has announced that it will share its financial results for the fourth quarter and the entire year ending December 31, 2024, on Wednesday, January 29, 2025, before the market opens. Daryl Kenningham, the President and CEO of Group 1, along with the senior management team, will hold a conference call to discuss these results at 10:00 a.m. that same morning.

This Industry Outlook article has featured Lithia Motors, Group 1 Automotive, and Asbury Automotive Group.