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Penske (PAG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKSยท 2025-10-29 15:01
Financial Performance - For the quarter ended September 2025, Penske Automotive reported revenue of $7.7 billion, an increase of 1.4% year-over-year [1] - EPS for the quarter was $3.23, down from $3.36 in the same quarter last year, indicating a decline [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $7.74 billion, resulting in a surprise of -0.58% [1] - The company experienced an EPS surprise of -7.18%, with the consensus EPS estimate being $3.48 [1] Key Metrics - Retail Automotive Gross Profit Per Vehicle Retailed for new vehicles was $4,726, lower than the estimated $4,983.74 [4] - Retail Commercial Truck Revenue Per Vehicle Retailed for new vehicles was $144,435, slightly above the average estimate of $143,116.50 [4] - Retail Commercial Truck Units totaled 5,108, below the average estimate of 6,187 [4] - Retail Automotive Units for used vehicles were 54,708, exceeding the average estimate of 53,055 [4] - Revenue from Retail Automotive for new vehicles was $2.96 billion, below the average estimate of $3 billion, but showed a year-over-year increase of 2.5% [4] - Revenue from Retail Automotive for fleet and wholesale was $352 million, slightly below the average estimate of $354.9 million, representing a year-over-year decline of 1% [4] - Revenue from Retail Automotive for service and parts was $818.3 million, compared to the average estimate of $834.2 million, reflecting a year-over-year increase of 5.2% [4] - Revenue from Retail Automotive for finance and insurance was $195.9 million, below the average estimate of $202.53 million, with a year-over-year increase of 1.5% [4] - Revenue from Retail Automotive for used vehicles was $2.24 billion, exceeding the estimated $2.1 billion, representing a year-over-year increase of 5.6% [4] - Total revenue from Retail Automotive was $6.57 billion, slightly above the average estimate of $6.5 billion, with a year-over-year increase of 3.6% [4] - Revenue from Retail Commercial Truck was $918.6 million, significantly below the average estimate of $1.04 billion, indicating a year-over-year decline of 13.6% [4] - Revenue from Commercial Vehicle Distribution and Other was $206.6 million, above the average estimate of $200.51 million, showing a year-over-year increase of 10.6% [4] Stock Performance - Penske's shares have returned -6.3% over the past month, contrasting with the Zacks S&P 500 composite's +3.8% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]