Group 1 Automotive Earnings Preview: Get Ahead of the Analysts
Group 1 Automotive (NYSE:GPI) will report earnings before markets open on Thursday, July 25th. Group 1 Automotive, Inc., through its subsidiaries, owns and operates automobile dealerships. The Company sells new and used cars and light trucks, provides maintenance and repair services, and sells replacement parts. The Company also arranges related financing, insurance, and extended service contracts. Group 1 operates in Florida, Georgia, Colorado, Oklahoma, New Mexico, and Texas.
Here is your Cheat Sheet to Group 1 Automotive Earnings:
Earnings Expectations: Analysts expect earnings of $1.41 per share on revenues of $2.23 billion. Currently, the company’s P/E ratio stands at 16.53.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.48 to a profit $1.49. For the current year, the average estimate is a profit of $5.32, which is better than the estimate ninety days ago.
Here’s how Group 1 Automotive has been performing on an annual basis:
|Revenue ($) in millions||5,654||4,526||5,509||6,080||7,476|
|Diluted EPS ($)||-1.39||1.49||2.16||3.47||4.19|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||1,895.83||1,976.57||1,938.96||1,963.83|
|Diluted EPS ($)||1.20||1.32||0.70||0.88|
Group 1 Automotive has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)