On Wednesday 30th October 2024, investors and market participants can expect the release of Group 1 Automotive (NYSE: GPI) third quarter financial results. This crucial announcement will be made before market open.
the establishment is expected to report an estimated per share $9.87 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $5.07 billion during this period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $19.4 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $38.69 per share during the same period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $12.07. This figure was attributed to the company's total revenue, which reached an impressive $4.71 billion during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $9.80 | -16.5% | 4.70 B | +3.0% |
| Q1 2024 | $9.49 | -13.2% | 4.47 B | +8.3% |
| Q4 2023 | $9.50 | -12.5% | 4.48 B | +10.1% |
| Q3 2023 | $12.07 | +0.6% | 4.71 B | +13.0% |
| Q2 2023 | $11.73 | -2.3% | 4.56 B | +10.0% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 30th October 2024 at 10:00 AM eastern time to discuss Q3 financial results.
Group 1 Automotive (GPI) closed Monday's regular trading session at $352.85, marking a 1.81 percent increase, with a volume of 180.20 thousand shares.
