Penske Automotive Reports Second Quarter 2020 Results

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Penske Automotive Group (PAG) Tops Q2 EPS by 2c, Revenues Miss

July 29, 2020 7:03 AM EDT

Penske Automotive Group (NYSE: PAG) reported Q2 EPS of $0.56, $0.02 better than the analyst estimate of $0.54. Revenue for the quarter came in at $3.65 billion versus the consensus estimate of $4.06 billion.

Commenting on the company's results, Chairman Roger Penske said, "The operating... More