Countdown to Group 1 Automotive (GPI) Q1 Earnings: Wall Street Forecasts for Key Metrics

Core Viewpoint - Analysts project Group 1 Automotive (GPI) will report quarterly earnings of $9.54 per share, a 0.5% increase year over year, with revenues expected to reach $5.32 billion, reflecting a 19% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised upward by 0.8% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts expect 'Revenues- New vehicle retail sales' to be $2.58 billion, an increase of 18.2% year over year [5]. - 'Revenues- Finance, insurance and other, net' is projected to reach $209.32 million, indicating a 10.8% year-over-year change [5]. - 'Revenues- Total Used vehicle' is estimated at $1.76 billion, reflecting a 15.8% increase from the prior year [5]. - 'Revenues- Used vehicle wholesale sales' are projected to be $118.63 million, showing an 11.9% year-over-year change [6]. - 'Revenues- United States - New vehicle retail sales' is expected to be $1.99 billion, a 10.5% increase from the previous year [6]. - 'Revenues- United States - Used vehicle retail sales' is estimated at $1.17 billion, reflecting a 6.3% year-over-year change [7]. - 'Revenues- United Kingdom - New vehicle retail sales' is projected to reach $592.75 million, indicating a significant 54.9% increase year over year [7]. - 'Revenues- United Kingdom - F&I, net' is expected to be $26.94 million, a 53.9% increase from the year-ago quarter [8]. Units Sold Estimates - 'Units sold - Retail new vehicles sold' is projected to reach 53,958, compared to 44,302 in the same quarter last year [8]. - 'Units sold - Retail used vehicles sold' is expected to be 58,076, up from 49,183 in the same quarter of the previous year [9]. - The consensus estimate for 'Average sales price per unit sold - United States - Used Vehicle Retail' stands at $29,780.44, compared to $28,855 a year ago [9]. - 'Units sold - United Kingdom - Retail new vehicles sold' is projected to be 15,332, compared to 8,961 in the same quarter last year [10]. Market Performance - Group 1 Automotive shares have decreased by 2.2% in the past month, while the Zacks S&P 500 composite has declined by 5.6% [10].