Aug. 4 at 4:35 PM
$PAG Q2 earnings surprise — but revenue misses. What's up? 🤔
Penske Automotive beat the Zacks Consensus Estimate with a
$3.78 EPS, thanks to strong performance in both the Retail Commercial Truck and Commercial Vehicle Distribution and Other segments. Yet, sales fell short at
$7.66B, missing expectations and dropping 0.4% from the year-ago quarter's level. 📉
Full breakdown here 👉 https://www.zacks.com/stock/news/2663332/penske-q2-earnings-surpass-expectations-revenues-decline-yy?cid=sm-stocktwits-2-2663332-body-5771&ADID=SYND_STOCKTWITS_TWEET_2_2663332_BODY_5771