For the quarter ended June 2024, Penske Automotive (PAG Quick QuotePAG - Free Report) reported revenue of $7.7 billion, up 3.1% over the same period last year. EPS came in at $3.61, compared to $4.41 in the year-ago quarter.

The reported revenue represents a surprise of +0.02% over the Zacks Consensus Estimate of $7.7 billion. With the consensus EPS estimate being $3.43, the EPS surprise was +5.25%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Penske performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Retail Automotive Revenue Per Vehicle Retailed - Used Vehicles

  : $34,707 versus the three-analyst average estimate of $34,132.45.

• Retail Commercial Truck Units - Total

  : 5,248 compared to the 4,921 average estimate based on three analysts.

• Retail Automotive Units - Used Retail

  : 65,571 versus the three-analyst average estimate of 69,233.

• Retail Automotive Gross Profit Per Vehicle Retailed - Used Vehicles

  : $1,822 compared to the $1,780.15 average estimate based on three analysts.

• Revenue- Retail Automotive- Fleet and Wholesale

  : $382.30 million versus the four-analyst average estimate of $398.46 million. The reported number represents a year-over-year change of +7.3%.

• Revenue- Commercial Vehicle Distribution and Other

  : $189 million compared to the $156.04 million average estimate based on four analysts. The reported number represents a change of +31.9% year over year.

• Revenue- Retail Automotive- Service and Parts

  : $752.80 million versus the four-analyst average estimate of $736.49 million. The reported number represents a year-over-year change of +9.9%.

• Revenue- Retail Automotive- Finance and Insurance, Net

  : $208.70 million versus the four-analyst average estimate of $222.27 million. The reported number represents a year-over-year change of -2.5%.

• Revenue- Retail Automotive- Used Vehicles

  : $2.28 billion versus $2.37 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -2.3% change.

• Revenue- Retail Automotive- New Vehicles

  : $3 billion versus the four-analyst average estimate of $2.92 billion. The reported number represents a year-over-year change of +6.2%.

• Revenue- Retail Commercial Truck

  : $892.30 million compared to the $890.60 million average estimate based on four analysts. The reported number represents a change of -2.9% year over year.

• Revenue- Retail Automotive

  : $6.62 billion versus $6.67 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +3.3% change.

View all Key Company Metrics for Penske here>>>

Shares of Penske have returned +12.5% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.