Penske Automotive Group is set to drop its Q2 earnings this Wednesday, aiming to match market expectations for a 4.3% revenue jump after a slight dip from last year—but analysts are watching closely, especially since Penske has missed targets before. Competitors CarMax and Genuine Parts both beat estimates, while Penske’s stock has surged nearly 20% recently, trading above its $197.88 average price target. Can they sustain the momentum and deliver growth when the numbers hit?
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