Group 1 Automotive, Inc.

NYSE:GPI   3:59:59 PM EDT
117.27
-5.00 (-4.09%)
4:00:00 PM EDT: $117.27 0.00 (0.00%)
Dividends, Share Repurchases, Other Pre-Announcement

Group 1 Automotive Reports Preliminary Third Quarter 2020 Results New Share Repurchase Authorization And Intention To Reinstate Dividend

Published: 10/06/2020 11:34 GMT
Group 1 Automotive Inc (GPI) - Group 1 Automotive Reports Preliminary Third Quarter 2020 Results, New Share Repurchase Authorization, and Intention to Reinstate Dividend.
Sees Q3 2020 Adjusted Earnings per Share $6.40 to $6.80.
Sees Q3 2020 Earnings per Share $6.25 to $6.65.
Expects EPS to Be Between $6.25 and $6.65 for Three Months Ended September 30, 2020.
Sees Adjusted EPS Between $6.40 and $6.80 for Three Months Ended September 30, 2020.
Q3 Earnings per Share View $3.51 -- Refinitiv Ibes Data (analyst estimates).
Announcing a New $200 Million Share Repurchase Authorization.
Group 1 Automotive - Expects Any Repurchase of Shares Will Be Funded From Cash From Operations.