Penske Automotive Group Earnings Preview: Can This Streak Continue?
Penske Automotive Group (NYSE:PAG) will report earnings before markets open on Monday, April 29th. Penske Automotive Group, Inc. operates franchised automobile dealerships. The Company’s franchises are located throughout the United States, Puerto Rico and the United Kingdom. Penske Automotive sells new and used vehicles as well as offers maintenance and repair services on all brands it represents.
Here is your Cheat Sheet to Penske Automotive Group Earnings:
Earnings Expectations: Analysts expect earnings of $0.62 per share on revenues of $3.49 billion. Currently, the company’s P/E ratio stands at 13.85.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.63 to a profit $0.64. For the current year, the average estimate is a profit of $2.56, which is better than the estimate ninety days ago.
Here’s how Penske Automotive Group has been performing on an annual basis:
|Revenue ($) in millions||11,640||9,012||9,943||11,130||13,160|
|Diluted EPS ($)||-4.47||0.83||1.18||1.94||2.05|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||2,959||3,242||3,372||3,401||3,147|
|Diluted EPS ($)||0.53||0.52||0.54||0.45||0.54|
Penske Automotive Group has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)