Group 1 Automotive Q1 Earnings Surpass Expectations with $128.1M Profit
Group 1 Automotive Inc., a Houston-based auto dealership company, reported strong financial performance for the first quarter. The company posted a net income of $128.1 million and earnings per share of $9.67, which after adjustments rose to $10.17. These results surpassed Wall Street analysts' expectations, with estimated earnings of $9.68 per share.