Penske Automotive Group Q2 Adj. EPS $3.62 Beats $3.42 Estimate, Sales $8.512B Beat $7.981B Estimate
Penske Automotive Group (NYSE:PAG) reported quarterly earnings of $3.62 per share which beat the analyst consensus estimate of $3.42 by 5.85 percent. This is a 4.23 percent decrease over earnings of $3.78 per share from
Penske Automotive made more money than experts expected in the second quarter, selling more cars and earning more profit per share. When a company beats what people predicted, it shows the business is running well and can help people feel more confident about the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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