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Group 1 Automotive Reports $94.6 Million Quarterly Profit
By USinMinutes - Jan 29, 2025, 06:46 AM ET
Last Updated - Jan 29, 2025, 06:47 AM EST
The company records $5.5 billion revenue for Q4 ended Dec 31, 2024
GROUP 1 AUTOMOTIVE INC [GPI] reported $94.6 million profit for Q4 ended Dec 31, 2024, showing an increase of $94.6 million.
The company revealed in its 8-K filing to the SEC dated Jan 29, 2025 that it generated revenue of $5.5 billion for the period, showing an increase of $5.5 billion from the last quarter.
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Based in Houston, TX, the company reported $7.1 earnings per share for the period, compared to $0 in the last quarter.
The company's Profit decreased by 0% from $0 in the last quarter.
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The revenue increased 23.8% from $4.5 billion in the same quarter of the previous year.
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