Penske Automotive (PAG) Tops Q4 Earnings and Revenue Estimates

Penske Automotive (PAG) came out with quarterly earnings of $3.54 per share, beating the Zacks Consensus Estimate of $3.37 per share. This compares to earnings of $3.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.04%. A quarter ago, it was expected that this auto dealership chain would post earnings of $3.48 per share when it actually produced earnings of $3.36, delivering a surprise of -3.45%.Over the last four quarters ...