Benzinga | Jul 29, 2020 07:02AM EDT

Penske Automotive Group Q2 EPS $0.56 May Not Compare To $(0.06) Estimate, Sales $3.65B Miss $3.80B Estimate

Penske Automotive Group (NYSE:PAG) reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $(0.06) by 1033.33 percent. This is a 60.56 percent decrease over earnings of $1.42 per share from the same period last year. The company reported quarterly sales of $3.65 billion which missed the analyst consensus estimate of $3.80 billion by 3.92 percent. This is a 36.57 percent decrease over sales of $5.76 billion the same period last year.