Penske Automotive Group Inc. (PAG)
Penske Q3 Earnings Miss Expectations, Revenues Rise Y/Y
PAG misses third-quarter earnings estimates on lower-than-expected results from the Retail Automotive segment.
Penske Automotive Group, Inc. (PAG) Q3 2024 Earnings Call Transcript
Penske Automotive Group, Inc. (NYSE:PAG ) Q3 2024 Earnings Conference Call October 29, 2024 1:00 PM ET Company Participants Tony Pordon - Executive Vice President, Investor Relations and Corporate Development Roger Penske - Chair and Chief Executive Officer Rich Shearing - North American Operations Randall Seymore - International Operations Shelley Hulgrave - Executive Vice President and Chief Financial Officer Conference Call Participants John Murphy - Bank of America Ron Jewsikow - Guggenheim Securities Rajat Gupta - JPMorgan David Whiston - Morningstar Operator Ladies and gentlemen, good afternoon, welcome to the Penske Automotive Group Third Quarter 2024 Earnings Conference Call. Today's call is being recorded and will be available for replay approximately one hour after completion through November 6, 2024, on the Company's website under the Investors tab at www.penskeautomotive.com.
Penske (PAG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Penske (PAG) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Penske Automotive (PAG) Q3 Earnings and Revenues Lag Estimates
Penske Automotive (PAG) came out with quarterly earnings of $3.36 per share, missing the Zacks Consensus Estimate of $3.48 per share. This compares to earnings of $3.90 per share a year ago.
Penske Automotive (PAG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Penske (PAG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Buy These 4 Stocks With Recent Dividend Hikes, Strong Upside
South Plains Financial (SPFI), Prosperity Bancshares (PB), Penske Automotive Group (PAG) and Bank First (BFC) recently announced dividend hikes.
All You Need to Know About Penske (PAG) Rating Upgrade to Buy
Penske (PAG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Why Is Penske (PAG) Down 1% Since Last Earnings Report?
Penske (PAG) reported earnings 30 days ago. What's next for the stock?
2 Best Buys From the Auto Retail Industry for Solid Returns
With the Zacks Automotive- Retail and Wholesale- industry currently placed in the top 40% of around 250 Zacks industries, stocks like PAG and RUSHA are worth considering.
Penske (PAG) Q2 Earnings Exceed Expectations, Decline Y/Y
Penske (PAG) beats second-quarter earnings estimates on better-than-expected results from Commercial Vehicle Distribution and Other segment.
Penske Automotive Group Has Been Busy
Penske Automotive Group had been an active acquirer in 1H 2024, adding diverse businesses that will increase sales by $2 billion per year. Upcoming interest rate cuts should help Penske in many ways, from floor plan interest expense to the financing business. Penske continues to have a premium valuation to peers, who could benefit more from lower rates. The stock remains a Hold.
Penske Automotive Group, Inc. (PAG) Q2 2024 Earnings Call Transcript
Penske Automotive Group, Inc. (NYSE:PAG ) Q2 2024 Results Conference Call July 31, 2024 2:00 PM ET Company Participants Tony Pordon - Executive Vice President, Investor Relations and Corporate Development Roger Penske - Chair and Chief Executive Officer Shelley Hulgrave - Executive Vice President and Chief Financial Officer Rich Shearing - North American Operations Randall Seymore - International Operations Tony Facioni - Vice President and Corporate Controller Conference Call Participants John Murphy - Bank of America Mike Ward - Freedom Capital Rajat Gupta - JPMorgan David Whiston - Morningstar Operator Good afternoon. Welcome to the Penske Automotive Group Second Quarter 2024 Earnings Conference Call.
