Mark your calendars for Tuesday 29th October 2024, as Penske Automotive Group (NYSE: PAG) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
According to the predictions of financial experts on Wall Street, the organization is set to unveil an estimated $3.41 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $7.67 billion for the specific period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $30.57 billion. Additionally, they are expecting the company to achieve per share profit of $13.66 for the fiscal year.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $3.92, attributed to the company's total revenue of $7.45 billion.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.61 | -18.1% | 7.70 B | +3.1% |
| Q1 2024 | $3.21 | -25.5% | 7.45 B | +1.5% |
| Q4 2023 | $3.45 | -18.1% | 7.27 B | +3.7% |
| Q3 2023 | $3.92 | -15.0% | 7.45 B | +7.6% |
| Q2 2023 | $4.41 | -10.5% | 7.47 B | +8.1% |
| *Growth on year-over-year basis | ||||
PAG has scheduled a conference call on 29th October 2024 at 01:00 PM eastern time to discuss the third quarter financial results and other related information.
The previous trading day saw Penske Automotive Group (PAG) shares trading between $151.74 and $154.47, besides a volume of 174.50 thousand shares. The stock closed Friday's regular trading session at $152.26, showing 1.1 percent downfall.
