Recap: Penske Automotive Group Q1 Earnings

Penske Automotive Group PAG reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Penske Automotive Group beat estimated earnings by 26.26%, reporting an EPS of $4.76 versus an estimate of $3.77.

Revenue was up $1.20 billion from the same period last year.

Last quarter the company beat on EPS by $0.41 which was followed by a 4.79% drop in the share price the next day.

Here's a look at Penske Automotive Group's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	3.69	3.54	2.12	1.81
EPS Actual	4.10	4.46	4.47	2.26
Revenue Estimate	6.22B	6.41B	6.01B	5.53B
Revenue Actual	6.30B	6.50B	6.99B	5.77B

To track all earnings releases for Penske Automotive Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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