Penske Automotive Group (PAG) shares took a hit after the company reported weaker-than-expected third-quarter financial results. While revenue fell short of analyst estimates, the company highlighted strong performance in automotive service and parts, and a robust commercial truck business.
Penske Automotive Group (PAG) shares took a hit after the company reported weaker-than-expected third-quarter financial results. While revenue fell short of analyst estimates, the company highlighted strong performance in automotive service and parts, and a robust commercial truck business.
Penske Automotive Group (PAG) is set to release its quarterly earnings on Tuesday, October 29th. Analysts anticipate an EPS of $3.52, but investors will be watching for guidance and a potential earnings beat. This article analyzes PAG’s recent performance, compares it to competitors, and provides key insights into its financial health.
