Group 1 Automotive reports Q3 adjusted EPS $10.45, consensus $10.73

Reports Q3 revenue $5.78B, consensus $5.67B. “Our U.S. business once again delivered outstanding results across every major business line, underscoring the exceptional execution of our teams and the strength of our diversified business model,” said Daryl Kenningham, Group 1’s president and CEO. “Used vehicles, aftersales and F&I each achieved record performance, with aftersales supported by continued momentum in customer pay and warranty work. New and used vehicle sales grew year over year, reflecting healthy consumer demand. We also added to our premium brand portfolio with the acquisition of a Mercedes-Benz dealership in Georgia, reinforcing our strategy of disciplined growth in key cluster markets.”