Group 1 Automotive (GPI) Lags Q1 Earnings Estimates

Group 1 Automotive (GPI) came out with quarterly earnings of $9.49 per share, missing the Zacks Consensus Estimate of $9.52 per share. This compares to earnings of $10.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.32%. A quarter ago, it was expected that this auto dealer would post earnings of $10.49 per share when it actually produced earnings of $9.50, delivering a surprise of -9.44%.Over the last four quarters, the ...