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Penske Automotive (PAG) Tops Q2 Earnings Estimates

Penske Automotive (PAG) came out with quarterly earnings of 3.78pershare,beatingtheZacksConsensusEstimateof3.78 per share, beating the Zacks Consensus Estimate of 3.56 per share. This compares to earnings of 3.61pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+6.183.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.18%. A quarter ago, it was expected that this auto dealership chain would post earnings of 3.27 per share when it actually produced earnings of $3.39, delivering a surprise of +3.67%.Over the last four quarter ...