Group 1 Automotive (GPI) Tops Q4 EPS by 30c
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Group 1 Automotive Announces Fourth Quarter & Full Year 2019 Financial Results
February 5, 2020 7:08 AM ESTHOUSTON, Feb. 5, 2020 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported 2019 fourth quarter net income of $48.1 million, diluted earnings per common share of $2.57, adjusted net income (a non-GAAP measure) of $56.3 million, and adjusted diluted earnings per common share (a non-GAAP measure) of $3.01. The Company's 2019 fourth quarter total revenue was a fourth quarter record of $3.1 billion.
For the full year of 2019, net income increased 10.3 percent from the comparable prior-year period, to $174.0 million; and diluted earnings per common share increased 19.3 percent, to $9.34. Full year... More
