Penske Automotive Group PAG reported its Q2 earnings results on Wednesday, July 27, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Penske Automotive Group beat estimated earnings by 10.29%, reporting an EPS of $4.93 versus an estimate of $4.47.
Revenue was down $81.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.99 which was followed by a 8.07% increase in the share price the next day.
Here's a look at Penske Automotive Group's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 3.77 | 3.69 | 3.54 | 2.12 |
EPS Actual | 4.76 | 4.10 | 4.46 | 4.47 |
Revenue Estimate | 6.34B | 6.22B | 6.41B | 6.01B |
Revenue Actual | 6.97B | 6.30B | 6.50B | 6.99B |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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