2024-01-26 16:51:02 ET
Summary
- Group 1 Automotive is set to report its Q4 earnings on January 31st.
- Weak trends in used and new car pricing may pressure the results.
- We expect Group 1 Automotive shares to face rising volatility into a more uncertain industry environment.
Group 1 Automotive, Inc. ( GPI ) has emerged as a fantastic growth story, with shares nearly tripling in value in recent years. It's clear that the backdrop of surging car prices since the pandemic while consolidating market share through several acquisitions has been a boom for one of the largest dealership networks in the U.S....
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Group 1 Automotive Stock: Caution Driving Into A Bumpy Q4 Earnings Report