Q4 Revenues Rise Despite EPS Miss as Shares Slip 7.7%

GPIGPI

Group 1 Automotive posted a Q4 EPS miss with declining profits, but revenues rose year-over-year on strength in used vehicle sales and parts & service. Shares dropped 7.7% over the past month to technically oversold levels as analysts revised earnings estimates higher, hinting at a reversal.

Sources

ZZZ