Group 1 Automotive (GPI) Lags Q4 Earnings and Revenue Estimates

Group 1 Automotive (GPI) came out with quarterly earnings of $8.49 per share, missing the Zacks Consensus Estimate of $9.36 per share. This compares to earnings of $10.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.25%. A quarter ago, it was expected that this auto dealer would post earnings of $10.64 per share when it actually produced earnings of $10.45, delivering a surprise of -1.79%.Over the last four quarters, the ...