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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Penske Automotive Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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]