Group 1 Automotive 7% After Q1 Earnings - CEO Touts Strength In UK Operations
Group 1 Automotive 7% After Q1 Earnings - CEO Touts Strength In UK Operations
Group 1 Automotive, Inc. (NYSE:GPI) reported first-quarter adjusted earnings per share of $9.49, beating the Wall Street view of $9.38.
第一集团汽车公司（纽约证券交易所代码：GPI）公布的第一季度调整后每股收益为9.49美元，超过了华尔街预期的9.38美元。
Quarterly revenues of $4.471 billion outpaced the analyst consensus of $4.379 billion. Sales rose 8.2% year over year.
季度收入为44.71亿美元，超过了分析师共识的43.79亿美元。销售额同比增长8.2％。
Net income from continuing operations for the current quarter was $147.4 million, a 7.2% decrease year over year.
本季度持续经营业务的净收入为1.474亿美元，同比下降7.2％。
Parts and service revenues of $576.2 million rose 5.1% year over year. U.K. total revenues of $824.8 million increased 4.7%.
零件和服务收入为5.762亿美元，同比增长5.1％。英国总收入为8.248亿美元，增长了4.7％。
"Our U.K. team rebounded nicely from the challenging fourth quarter of 2023, producing record quarterly revenues from parts and service and new vehicles, as well as increasing used vehicle sales volumes over 19% sequentially," said Daryl Kenningham, Group 1's President and Chief Executive Officer.
第一集团总裁兼首席执行官达里尔·肯宁汉姆表示：“我们的英国团队从充满挑战的2023年第四季度中反弹良好，零部件和服务以及新车的季度收入创下了创纪录的记录，二手车销量环比增长了19％以上。”
Total gross profit rose 2% year over year to $742.6 million. In the current quarter, the company successfully acquired and integrated dealership operations with total expected annual revenues of approximately $1.0 billion.
总毛利同比增长2％，达到7.426亿美元。在本季度，该公司成功收购并整合了经销商业务，预计年总收入约为10亿美元。
Group 1 Automotive disposed of six dealerships located in Beaumont, Texas. These dealerships generated approximately $260 million in annual revenues.
Group 1 Automotive出售了位于德克萨斯州博蒙特的六家经销商。这些经销商的年收入约为2.6亿美元。
The company has $89.6 million remaining on its authorized common share repurchase program.
该公司的授权普通股回购计划还剩8,960万美元。
Price Action: GPI shares are trading higher by 6.6% to $298.10 at last check Wednesday.
价格走势：周三最后一次检查时，GPI股价上涨6.6％，至298.10美元。