Diversified global transportation services provider Penske Automotive Group announced on Friday that it will release its financial results for the second quarter and first half of 2026 on the morning of July 29, followed by an afternoon conference call to discuss the performance.

According to the announcement, the company will issue its earnings report and investor presentation materials before the U.S. stock market opens on July 29. Management will host a conference call and webcast at 2:00 p.m. Eastern Time that day. Investors can access the materials via the investor relations section of the company's website and join the webcast through a provided link. A telephone replay will be available for approximately seven days following the call.

Penske Automotive Group is a leading global retailer of automotive and commercial trucks, with operations in the United States, the United Kingdom, Germany, Italy, Japan, and Australia, and also participates in transportation services through joint ventures. The company's stock has performed strongly recently, reaching an intraday all-time high of $189.66 in early July. Year-to-date, it has delivered a total return of 17.3%, with a market capitalization of approximately $12.45 billion.

Looking back at the first quarter, the company's results significantly exceeded market expectations. Quarterly earnings per share reached $3.56, well above the consensus estimate of $2.88, while revenue came in at $7.9 billion, surpassing the expected $7.71 billion. The company has increased its dividend for 22 consecutive quarters, with a current dividend yield of 3.11%. Several institutions have recently raised their price targets for the stock.