Group 1 Automotive Q1 2024: Revenue record $4.5B, adjusted EPS $9.49 down 13% YoY

GROUP 1 AUTOMOTIVE INC

2024-Q1 EPS reported $10.80 revenue$4,470,500,000

Q1 2024 diluted EPS from continuing ops $10.76; adjusted diluted EPS $9.49 (down 13.2% YoY).
Total revenue $4.5B (record, +8.2% YoY); net income from continuing ops $147.4M (down 7.2%).
Parts & service revenue $576.2M record (+5.1% YoY); U.K. total revenue $824.8M record (+4.7%).
Acquired 9 dealerships in Q1 with combined expected annual revenue ~$1.0B; disposed 6 dealerships in Beaumont, TX.
Repurchased 203,350 shares for $53.8M in Q1; $89.6M remaining under buyback authorization.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GROUP 1 AUTOMOTIVE INC reported the first quarter of 2024 results: revenue $4.5 billion, net income $147.4 million, EPS $10.76.

Period: the first quarter of 2024
Revenue: $4.5 billion
Net income: $147.4 million
EPS: $10.76
Result: reported results

Exact text from the filing

Group 1 Automotive Reports First Quarter 2024 Financial Results • Current quarter diluted earnings per common share from continuing operations of $10.76 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $9.49 • Total revenues of $4.5 billion

View on SEC.gov

493 earnings releases filed in the last 30 days. Browse all earnings releases →

GROUP 1 AUTOMOTIVE INC filing history →

Source: SEC EDGAR

accession 0001031203-24-000031

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.