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Group 1 Automotive: 3Q Earnings Snapshot

Group 1 Automotive: 3Q Earnings Snapshot

HOUSTON (AP) _ Group 1 Automotive Inc. (GPI) on Thursday reported third-quarter net income of $34.8 million.

The Houston-based company said it had net income of $1.74 per share. Earnings, adjusted for one-time gains and costs, were $2.47 per share.

The auto dealer posted revenue of $2.89 billion in the period.

Group 1 Automotive shares have fallen 22 percent since the beginning of the year. The stock has decreased 22 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPI at https://www.zacks.com/ap/GPI

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