Penske Automotive Group (PAG) reported Q1 adjusted earnings Wednesday of $3.39 per diluted share, up from $3.21 a year earlier.
Analysts polled by FactSet expected $3.28.
Revenue for the quarter ended March 31 was $7.60 billion compared with $7.45 billion a year earlier.
Analysts surveyed by FactSet expected $7.73 billion.