Penske Automotive Group Inc

PAG: XNYS (USA)
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Penske Earnings: Market Expectations for First Quarter May Have Been Too Low

Penske Automotive Group's stock surged to close up 6.3% on April 29 after reporting first-quarter adjusted diluted earnings per share of $3.05 that, although down 15% year over year, beat the $2.92 LSEG consensus.

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