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Earnings Preview: Penske Automotive (PAG) Q2 Earnings Expected to Decline
Penske Automotive Penske Automotive (US:PAG) ZACKSยท2025-07-23 15:07

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Penske Automotive (PAG) despite higher revenues, with actual results being crucial for stock price movement [1][2]. Group 1: Earnings Expectations - Penske Automotive is expected to report quarterly earnings of $3.56 per share, reflecting a year-over-year decrease of 1.4% [3]. - Revenue projections stand at $7.87 billion, indicating a 2.2% increase from the previous year [3]. Group 2: Estimate Revisions - The consensus EPS estimate has been revised down by 0.78% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Penske is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +2.60% [12]. Group 3: Earnings Surprise Prediction - A positive Earnings ESP reading suggests a potential earnings beat, especially when combined with a strong Zacks Rank [10]. - Penske currently holds a Zacks Rank of 4, complicating predictions of an earnings beat despite the positive Earnings ESP [12]. Group 4: Historical Performance - In the last reported quarter, Penske exceeded the expected earnings of $3.27 per share, achieving $3.39, which was a surprise of +3.67% [13]. - Over the past four quarters, Penske has surpassed consensus EPS estimates three times [14]. Group 5: Industry Comparison - Lithia Motors (LAD), a competitor in the automotive retail sector, is projected to report earnings of $9.55 per share, reflecting a year-over-year increase of 21.4% [18]. - Lithia's revenue is expected to reach $9.53 billion, up 3.3% from the previous year, with a consensus EPS estimate revised down by 0.7% [19].