NYSE$GPI

Group 1 Automotive Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported record revenues and double-digit growth in used vehicle and parts & service gross profit.

Group 1 Automotive reported a record fourth quarter revenue of $3.1 billion, a 7.0 percent increase year-over-year. Net income for the quarter was $48.1 million, with diluted earnings per share of $2.57. The company experienced double-digit gross profit growth in total used vehicles and parts & service.

  • Total revenue increased 7.0 percent to a fourth quarter record of $3.1 billion.
  • Total gross profit increased 7.5 percent to $464.6 million.
  • Retail used vehicle revenues increased 8.8 percent on 7.1 percent higher unit sales.
  • Parts and service gross profit grew 10.1 percent on revenue growth of 6.9 percent.

Headline financials

Total Revenue

$3.11B

Previous: $2.91B+6.9%
EPS (adj)

$3.01

Previous: $2.31+30.3%
Gross profit per new vehicle

$84.3M

No prior period
Gross profit per used vehicle

$46.3M

No prior period
F&I gross profit per retail unit

$1.58K

No prior period
New retail vehicles sold

43.5K

No prior period
Average selling price - new

$38.6K

No prior period
Average selling price - used

$21.7K

No prior period
Capital Expenditures

$52.3M

Previous: $22.8M+129.2%
Free Cash Flow

$7.8M

Previous: -$110M+107.1%
Net Income

$48.1M

Previous: $30.7M+56.6%
Operating Income

$96.5M

Previous: $74.7M+29.3%
Gross Profit

$465M

Previous: $432M+7.5%
Cash & Equivalents

$23.8M

Previous: $15.9M+49.7%
Total Assets

$5.57B

Previous: $5B+11.4%
Stock-Based Comp

$4.4M

Previous: $4.47M-1.6%

Revenue & EPS history

Group 1 Automotive · Revenue · Quarterly

$3.11B

Q4 2019+6.9%vs Q4 2018
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Group 1 Automotive · $3.11B total across 5 segments · Q4 2019

  • New vehicle sales
    $1.68B
  • Used vehicle sales
    $839M
  • Parts and service
    $379M
  • F&I and other
    $130M
  • Wholesale used vehicles
    $81.8M

Forward guidance

The company's senior management will host a conference call to discuss the fourth quarter and full year 2019 financial results and the Company’s outlook and strategy.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.5%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+4.2%

Avg return

30 days after

53%

35 / 66 earnings

Positive

+15.3%

Q3 2014

Best reaction

-9.4%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.5%-2.3%-9.7%
Q4 2025-8.9%-12.8%-17.8%
Q3 2025-6.4%-5.3%-4.1%
Q2 2025-1.8%-1.5%+1.5%
Q1 2025+2.0%+2.2%+6.8%
Q4 2024-2.0%-2.3%+0.2%
Q3 2024+2.6%+3.7%+19.9%
Q2 2024+2.3%+7.3%+13.3%
Q1 2024+7.5%+7.2%+10.2%
Q4 2023-4.7%-5.0%-3.6%
Q3 2023+7.1%+6.1%+21.8%
Q2 2023+1.7%+4.2%+4.1%
Q1 2023+1.6%+3.3%+2.5%
Q4 2022+7.0%+7.4%+14.5%
Q3 2022+6.4%+6.2%+17.0%
Q2 2022+4.1%+7.3%+9.7%
Q1 2022+6.9%+7.4%+9.9%
Q4 2021-3.2%+0.6%+6.6%
Q3 2021-0.2%+6.0%+10.8%
Q2 2021+5.3%+2.5%+0.7%
Q1 2021-2.9%+0.4%-5.7%
Q4 2020+4.0%+10.4%+10.4%
Q3 2020-2.7%+5.3%+11.4%
Q2 2020-5.7%-0.4%+3.0%
Q1 2020-7.4%+1.3%+36.3%
Q4 2019-8.1%-6.2%-19.7%
Q3 2019+8.6%+10.0%+8.5%
Q2 2019-1.4%-3.0%-17.5%
Q1 2019+6.4%+4.9%+2.4%
Q4 2018-0.6%-8.2%-1.8%
Q3 2018+4.4%+6.1%+4.5%
Q2 2018+6.0%+7.6%+20.7%
Q1 2018-1.1%-0.1%+5.5%
Q4 2017+5.9%+3.2%+2.3%
Q3 2017+11.3%+11.5%+11.4%
Q2 2017+0.5%-2.0%-8.3%
Q1 2017-9.4%-13.1%-17.6%
Q4 2016+1.0%-1.0%-1.4%
Q3 2016-5.4%-6.2%+10.8%
Q2 2016+5.6%+1.7%-1.8%
Q1 2016+8.4%
Q4 2015-7.5%
Q3 2015-1.8%
Q2 2015+3.3%
Q1 2015-5.5%
Q4 2014+3.3%
Q3 2014+15.3%
Q2 2014-5.5%
Q1 2014+6.2%
Q4 2013+1.0%
Q3 2013-6.2%
Q2 2013+5.6%
Q1 2013+6.9%
Q4 2012-9.1%
Q3 2012-3.0%
Q2 2012+5.1%
Q1 2011+0.4%
Q1 2012+1.2%
Q1 2010-6.7%
Q4 2009-6.7%
Q4 2011-6.7%
Q3 2011+4.6%
Q3 2010+4.6%
Q2 2010-3.8%
Q4 2010-3.8%
Q2 2011-3.8%

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