Penske Automotive Group Inc
PAG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$% | LOCK|#m&X | LOCK|$<J>S?# |
Penske Earnings: Solid Quarter Shows Benefits of Diversification
Penske Automotive Group reported first-quarter adjusted diluted EPS of $3.39, which beat the $3.27 LSEG consensus and was up 5.6% year over year. Total gross profit rose 1.9% and same store retail automotive revenue grew 2.1%, led by 7.2% growth in new vehicles and 4.2% service growth.
