Group 1 reported earnings (excluding charges) of $16.3 million, or $0.67 per share in the fourth quarter of 2006.  The headlines are all screaming about Group 1 missing numbers by $0.11 (versus Reuters consensus,) suggesting most analysts were looking for around $0.78.  When I checked Zack’s survey of analysts, they were even looking for something higher ($0.80!) 

I was looking for $0.63, so forgive me if my take on Group 1’s earnings are a little different than the rest of the street.  But I want to apologize to investors.  Once again, I am supposed to be a source of insight/understanding about the sector.  So if investors (including the sell side) are confused, it is b ...

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Related Companies: Ford Motor Company
Group 1 Automotive