PAG - Penske Automotive Q3 Revenue Grows On Strong North American Performance Used Vehicle Affordability Remains a Concern Says CEO | Benzinga
Penske Automotive Group Inc (NYSE: PAG) reported third-quarter FY23 sales growth of 8% year-on-year to $7.45 billion, beating the analyst consensus of $7.26 billion. EPS of $3.92 missed the analyst consensus of $4.04.
The results reflected strong performance from its North American automotive and commercial truck operations, partially offset by lower earnings from its U.K. automotive operations, higher interest expense, ...