October 19, 2020

Why Group 1 Automotive (GPI) Could Beat Earnings Estimates Again

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Group 1 Automotive (GPI), which belongs to the Zacks Automotive – Retail and Whole Sales industry, could be a great candidate to consider.

This auto dealer has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 186.19%.

For the last reported quarter, Group 1 Automotive came out with earnings of $3.77 per share versus the Zacks Consensus Estimate of $0.91 per share, representing a surprise of 314.29%. For the previous quarter, the company was expected to post earnings of $1.05 per share and it actually produced earnings of $1.66 per share, delivering a surprise of 58.10%.

Price and EPS Surprise

Thanks in part to this history,

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Why Asbury Automotive (ABG) Could Beat Earnings Estimates Again

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Asbury Automotive Group (ABG), which belongs to the Zacks Automotive – Retail and Whole Sales industry, could be a great candidate to consider.

This auto dealership chain has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.91%.

For the most recent quarter, Asbury Automotive was expected to post earnings of $2.47 per share, but it reported $2.52 per share instead, representing a surprise of 2.02%. For the previous quarter, the consensus estimate was $1.61 per share, while it actually produced $1.80 per share, a surprise of 11.80%.

Price and EPS Surprise

Thanks in part to this history, there has been a favorable change in earnings estimates for

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