Group 1 Automotive (GPI) Q2 Earnings Top Estimates

This quarterly report represents an earnings surprise of 3.92%. A quarter ago, it was expected that this auto dealer would post earnings of $9.52 per share when it actually produced earnings of $9.49, delivering a surprise of -0.32%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Group 1 Automotive has underperformed the market so far this year, the qu ...