Penske Automotive Group Earnings: What to Watch
Penske Automotive Group (NYSE: PAG) stock trailed the market in 2019, pressured by mixed operating results. While the used and new car retailer notched a few key wins last year, including strong contributions from its parts and services division and its booming commercial truck segment, those successes were offset by a big demand slump in the U.K., where Penske has a significant sales presence.
Investors will be watching closely for any change in the global selling environment when the company reports its fiscal fourth-quarter earnings results on Wednesday, Feb. 5. Let's take a look at the main metrics to watch.
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Source Fool.com
