Penske Automotive (PAG) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
PAGPenske Automotive (PAG) ZACKS·2024-10-22 23:06

The market expects Penske Automotive (PAG) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 29, 2024, might help the stock move higher if these key num ...