Penske Automotive Group Q2 EPS $4.93 Beats $4.47 Estimate, Sales $6.91B Miss $7.01B Estimate

Penske Automotive Group (NYSE:PAG) reported quarterly earnings of $4.93 per share which beat the analyst consensus estimate of $4.47 by 10.29 percent. This is a 10.29 percent increase over earnings of $4.47 per share from the same period last year. The company reported quarterly sales of $6.91 billion which missed the analyst consensus estimate of $7.01 billion by 1.47 percent. This is a 1.16 percent decrease over sales of $6.99 billion the same period last year.