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Group 1 Automotive reported record second quarter financial results, with revenues of $4.1 billion, a 14.3% increase, and diluted earnings per common share from continuing operations of $12.11, an 18.3% increase.
Record Quarterly Revenues of $4.1 billion, a 14.3% Increase
Record Quarterly Diluted Earnings Per Common Share from Continuing Operations of $12.11 per share, an 18.3% Increase
Record U.S. revenues and gross profits were the primary drivers.
Acquisitions over the past 18 months will provide more than $3.0 billion in expected annual additional revenues in the year ahead.
The company did not provide forward guidance in the earnings report.
Visualization of income flow from segment revenue to net income