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Investing.com - Penske Automotive reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Penske Automotive announced earnings per share of $4.61 on revenue of $6.90. Analysts polled by Investing.com EPS of $4.34 on revenue of $6.85B.
Penske Automotive 's are down 3.58% and is trading at $103.81 , still down 18.21% from its 52 week high of $126.93 set on Tuesday, August 16, 2022.
Penske Automotive follows other major Consumer Discretionary sector earnings this month
Penske Automotive's report follows an earnings beat by Tesla on Wednesday, October 19, 2022, who reported EPS of $1.05 on revenue of $21.45B, EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on Thursday, September 29, 2022 with first quarter EPS of $0.93 on revenue of $12.69B, for EPS of $0.922 on revenue of $12.28B.
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