Penske Automotive Group PAG releases its next round of earnings Thursday. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.
Earnings and Revenue
Penske Automotive Group earnings will be near $1.44 per share on sales of $5.79 billion, according to analysts.
Penske Automotive Group reported a per-share profit of $1.23 when it published results during the same quarter last year. Sales in that period totaled $5.38 billion. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 17.07 percent. Sales would be up 7.56 percent from the same quarter last year. Here's how the Penske Automotive Group's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 1.13 | 1 | 1.1 | 1.21 |
| EPS Actual | 1.25 | 1.01 | 1.14 | 1.23 |
Stock Performance
Over the last 52-week period, shares are up 9.48 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release. Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. Analysts generally rate Penske Automotive Group stock as Neutral. The strength of this rating has risen over the past three months.
Conference Call
Penske Automotive Group's Q2 is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: http://www.penskeautomotive.com/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
