Penske Automotive Group Inc

PAG: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Penske Earnings: Gross Profit Growth Helps Leverage Overhead Costs

Penske Automotive's second-quarter diluted EPS of $3.78 beat the $3.56 LSEG consensus and increased 4.7% year over year. Same-store retail automotive revenue fell 1.3% but some of that weakness stemmed from the used vehicle move to Sytner Select, which aided profits despite lower volume.

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