Penske Auto Group Stock Soars on Q1 Earnings

Penske Auto Group soars with Q1 earnings, beating expectations by a wide margin. Despite slight declines in new car sales and operating profits, higher prices and booming service revenue drove same-store sales up. The transportation segment surged by 24%. No new guidance, but analysts predict a strong year with sales at $32 billion and EPS at $13.21. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a98a0b02d8c598bf

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