HOUSTON (AP) \u2014 HOUSTON (AP) \u2014 Group 1 Automotive Inc. (GPI) on Thursday reported second-quarter profit of $103.3 million.<\/p>\n
The Houston-based company said it had profit of $8.64 per share. Earnings, adjusted for one-time gains and costs, came to $9.61 per share.<\/p>\n
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $10.79 per share.<\/p>\n
The auto dealer posted revenue of $5.39 billion in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $5.65 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"HOUSTON (AP) \u2014 HOUSTON (AP) \u2014 Group 1 Automotive Inc. (GPI) on Thursday reported second-quarter profit of $103.3…\n","protected":false},"author":2,"featured_media":29105,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[138301,56,58,57,59373,59370,84874],"class_list":["post-393030","post","type-post","status-publish","format-standard","has-post-thumbnail","category-houston","tag-earns-group-1-automotive","tag-houston","tag-houston-headlines","tag-houston-news","tag-package-100373-mc-complete-state-national","tag-product-30109-ap-texas-state-news-no-weather","tag-product-30597-ap-business-news-f-wire"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/393030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=393030"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/393030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/29105"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=393030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=393030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=393030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}