Group 1 Q4 Earnings Surpass Expectations, Sales Rise Y/Y

Group 1 Automotive (GPI) reported fourth-quarter 2024 adjusted earnings per share (EPS) of $10.02, which beat the Zacks Consensus Estimate of $9.21 and rose 5.5% year over year. The automotive retailer registered net sales of $5.55 billion, beating the Zacks Consensus Estimate of $5.20 billion. The top line also rose from the year-ago quarter’s $4.48 billion.See the Zacks Earnings Calendar to stay ahead of market-making news.Quarter HighlightsNew vehicle retail sales increased 23.7% from the prior-year quar ...