Group 1 Automotive: 4Q Earnings Snapshot

February 5, 2019

HOUSTON (AP) _ Group 1 Automotive Inc. (GPI) on Tuesday reported fourth-quarter profit of $30.7 million.

On a per-share basis, the Houston-based company said it had profit of $1.62. Earnings, adjusted for asset impairment costs and non-recurring costs, were $2.31 per share.

The auto dealer posted revenue of $2.91 billion in the period.

For the year, the company reported profit of $157.8 million, or $7.83 per share. Revenue was reported as $11.6 billion.

Group 1 Automotive shares have increased 17 percent since the beginning of the year. The stock has decreased 14 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPI at https://www.zacks.com/ap/GPI

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