09:24 AM EDT, 04/24/2024 (MT Newswires) -- Group 1 Automotive ( GPI ) reported Q1 adjusted earnings Wednesday of $9.53 per diluted share, down from $10.91 a year earlier.

Analysts polled by Capital IQ expected $9.42.

Total revenue for the quarter ended March 31 was $4.47 billion, compared with $4.13 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.38 billion.

Shares of the company were marginally up in Wednesday premarket activity.

Price: 280.00, Change: +0.50, Percent Change: +0.18