Group 1 Automotive Q3 2024 Adj. EPS $9.90 Beats $9.87 Estimate, Sales $5.221B Beat $5.067B Estimate
Portfolio Pulse from Benzinga Newsdesk
Group 1 Automotive reported Q3 2024 earnings per share of $9.90, surpassing the analyst estimate of $9.87. The company's sales reached $5.221 billion, exceeding the expected $5.067 billion and marking a 10.97% increase from the previous year.
October 30, 2024 | 9:06 am
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Group 1 Automotive's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $9.90 and sales at $5.221 billion, indicating strong performance and a 10.97% year-over-year sales increase.
The company's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant year-over-year sales growth further supports a positive outlook.
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IMPORTANCE 90
RELEVANCE 100