Group 1 Automotive: 4Q Earnings Snapshot
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.