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Group 1 Automotive, Inc.

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Group 1 Automotive’s fourth-quarter 2015 earnings per share missed the Zacks Consensus Estimate and decreased from the prior-year quarter figure due to the negative impact of the fall in oil and gas price on the economy in the prime markets of Houston, Oklahoma and Texas. Revenues increased year over year and surpassed the Zacks Consensus Estimate. The company benefited from numerous acquisitions and the rising sales of new vehicles. Also, it remains focused on returning value to shareholders through share repurchases and dividend payments. However, the company’s dependence on certain auto manufacturers and rising competition in the automotive market remain concerns.

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