Investing.com - Group 1 Automotive (NYSE:GPI) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Group 1 Automotive announced earnings per share of $12.57 on revenue of $4.16. Analysts polled by Investing.com anticipated EPS of $11.30 on revenue of $4.02B.
Group 1 Automotive shares are down 26.34% from the beginning of the year, still down 23.23% from its 52 week high of $212.23 set on December 6, 2021.
Group 1 Automotive follows other major Consumer Discretionary sector earnings this month
Group 1 Automotive's report follows an earnings beat by Tesla on October 19, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on September 29 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar