Materiality pending
Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- Group 1 Automotive Q1 earnings missed expectations: EPS $9.49, down 13.2% year over year. - New vehicle retail sales rose 11.6%, used-vehicle retail sales up 5%, parts and service revenue increased 5.1%. - U.S. business segment revenue up 9.1%, U.K. business segment revenue rose 4.7%. - Selling, general and administrative expenses increased 2.9% year over year. - Group 1 Automotive has a Zacks Rank #3 (Hold) with an expected in-line return. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Group 1 Automotive Q1 earnings missed expectations: EPS $9.49, down 13.2% year over year.
- New vehicle retail sales rose 11.6%, used-vehicle retail sales up 5%, parts and service revenue increased 5.1%.
- U.S. business segment revenue up 9.1%, U.K. business segment revenue rose 4.7%.
- Selling, general and administrative expenses increased 2.9% year over year.
- Group 1 Automotive has a Zacks Rank #3 (Hold) with an expected in-line return.
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