Exploring Penske Automotive Group's Earnings Expectations
Portfolio Pulse from Benzinga Insights
Penske Automotive Group (NYSE:PAG) is set to announce its quarterly earnings on October 29, 2024, with analysts estimating an EPS of $3.52. Despite a history of EPS beats, the stock price has shown mixed reactions. The consensus rating is 'Underperform' with a price target of $160.25, indicating a potential 5.25% upside. Investors are advised to focus on the company's guidance for future growth.
October 28, 2024 | 2:02 pm
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Penske Automotive Group is expected to announce its quarterly earnings with an EPS estimate of $3.52. The stock has shown mixed reactions to past earnings beats, and the current analyst consensus is 'Underperform' with a price target of $160.25.
Penske Automotive Group's upcoming earnings announcement is crucial for investors. The EPS estimate is $3.52, and while the company has a history of beating estimates, the stock price has reacted variably. The 'Underperform' rating and price target suggest limited short-term upside, but guidance will be key.
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