Group 1 Automotive Q3 Profit Tops Estimates - Quick Facts

(RTTNews) - Group 1 Automotive Inc. (GPI) reported third-quarter net income of $26.16 million, compared to $32.77 million, last year. Earnings per share was $1.03, compared to $1.19, prior year. The company reported third-quarter adjusted net income of $39.8 million, or $1.57 per share.

On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $1.44 for the quarter. Analysts' estimates typically exclude special items.

Total revenues increased to $2.63 billion from $2.34 billion, prior year. Analysts expected revenue of $2.58 billion for the quarter.