BLOOMFIELD HILLS, Mich. (AP) — BLOOMFIELD HILLS, Mich. (AP) — Penske Automotive Group Inc. (PAG) on Wednesday reported third-quarter profit of $220.8 million.

The Bloomfield Hills, Michigan-based company said it had net income of $3.36 per share. Earnings, adjusted for non-recurring costs, came to $3.42 per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.44 per share.

The auto dealership chain posted revenue of $8.42 billion in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $8.04 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAG at https://www.zacks.com/ap/PAG