Why Is Penske (PAG) Down 1% Since Last Earnings Report?
Penske Automotive (PAG) ZACKS·2024-08-31 00:37
It has been about a month since the last earnings report for Penske Automotive (PAG) . Shares have lost about 1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Penske due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Penske Q2 Earnings Beat Expectations, Declines ...