Penske Automotive (PAG) Q1 Earnings and Revenues Surpass Estimates

Penske Automotive (PAG) came out with quarterly earnings of $3.39 per share, beating the Zacks Consensus Estimate of $3.27 per share. This compares to earnings of $3.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.67%. A quarter ago, it was expected that this auto dealership chain would post earnings of $3.37 per share when it actually produced earnings of $3.54, delivering a surprise of 5.04%.Over the last four quarters, ...