Penske Automotive Group (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
