Penske Automotive (PAG) Tops Q2 Earnings Estimates

Group 1 - Penske Automotive reported quarterly earnings of $3.78 per share, exceeding the Zacks Consensus Estimate of $3.56 per share, and showing an increase from $3.61 per share a year ago, resulting in an earnings surprise of +6.18% [1] - The company posted revenues of $7.66 billion for the quarter ended June 2025, which was a 2.63% miss compared to the Zacks Consensus Estimate, and a slight decrease from $7.7 billion year-over-year [2] - Penske shares have increased by approximately 10.2% since the beginning of the year, outperforming the S&P 500's gain of 8.3% [3] Group 2 - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The trend of estimate revisions for Penske was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is $3.51 on revenues of $7.69 billion, and for the current fiscal year, it is $13.73 on revenues of $30.78 billion [7] Group 3 - The Automotive - Retail and Whole Sales industry, to which Penske belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, which may negatively impact stock performance [8] - Worksport Ltd., another company in the same industry, is expected to report a quarterly loss of $0.76 per share, reflecting a year-over-year change of +49.3%, with revenues anticipated to be $4.07 million, up 112% from the previous year [9]