Penske Automotive Group

Penske Automotive Group, Inc. operates as an international transportation services company. Which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems and related parts & services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment consists of retail automotive dealership operations. The Retail Commercial Truck segment is the dealership operations of commercial trucks in the U.S. and Canada. The Other segment comprises commercial vehicle and power systems distribution operation and other non-automotive consolidated operations. The Non-Automotive Investments segment is the equity method investments in non-automotive operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.

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Penske Automotive Group achieves record revenue and anticipates growth opportunities

PAG delivered robust financial performance in 2022, with record revenue and earnings growth across key segments, reflecting operational excellence.
Strategic capital allocation, focus on operational efficiencies, and anticipation of increased demand position PAG for sustained growth and profitability.
Challenges with rising warranty expenses and market uncertainties underscore the need for prudent cost management and strategic decision-making.
Opportunities in parts and service growth, selective acquisitions, and operational enhancements offer avenues for future expansion and value creation.

Penske Automotive Group reports strong Q1 performance amidst supply challenges

PAG's Q1 performance reflects growth in total units delivered and revenue, with a strong focus on new vehicle sales and profitability. Challenges include supply constraints impacting inventory levels and maintenance costs. Opportunities exist in capitalizing on strong vehicle demand and enhancing operational efficiencies.

Penske Automotive Group reports robust Q2 performance and eyes acquisitions

PAG's Q2 results reflect strong performance in automotive and commercial truck segments, with a focus on cost control and capital allocation. Challenges in maintenance costs and potential pricing pressure are areas of concern. Opportunities lie in strategic acquisitions, rising freight rates, and market dynamics favoring electric vehicles.

Penske Automotive Group reports robust Q3 results amidst operational challenges

PAG showcased strong financial performance despite challenges from the hailstorm in Austin.
The company demonstrated resilience with strategic expansions and improvements in key segments.
Opportunities exist in service optimization, leasing growth, and addressing EV market challenges.
PAG's disciplined approach to capital allocation and operational efficiency underpins its financial strength.

Penske Automotive Group reports robust 2023 performance and eyes truck market expansion

Penske Automotive Group (PAG) delivered strong financial results in 2023, driven by revenue growth and strategic acquisitions. While facing challenges in PTS earnings and high-end car pricing, the company remains optimistic about opportunities in the premier truck segment and battery electric vehicles.

Penske Automotive Group reports revenue growth and strategic acquisitions

Penske Automotive Group (PAG) delivered a successful quarter with revenue growth, franchise expansions, and strategic acquisitions. Despite challenges in retail operations and interest costs, the company remains focused on optimizing profitability and capital allocation for continued growth in Q2.

Penske Automotive Group posts record Q2 revenue and operational growth

Penske Automotive Group demonstrated strong financial performance and operational resilience in Q2 2024, driven by record revenue and solid unit delivery growth.
The company's strategic focus on diversification, cost control, and employee engagement underpins its competitive strength and long-term sustainability.
While challenges persist in maintaining margins and addressing market complexities, Penske Automotive Group remains well-positioned to capitalize on growth opportunities and navigate industry shifts effectively.

Penske Automotive Group reports strong Q3 earnings and eyes international expansion

Penske Automotive Group (PAG) delivered a solid performance in Q3 2024, driven by revenue growth and strong operational results.
Despite challenges in the used car business and stop sale impacts, PAG maintained a consistent gross margin and focused on capital allocation strategies.
The company's international operations and agency system in Europe present promising opportunities for future growth and market expansion.
Overall, PAG's financial health, performance, and strategic focus position it well for continued success and shareholder value creation.

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Penske Automotive Group, Inc. is an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems, and related parts and services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment includes retail automotive dealership operations. The Retail Commercial Truck segment includes the dealership operations of commercial trucks in the U.S. and Canada. The Other segment focuses on the commercial vehicle and power systems distribution operation, and other non-automotive consolidated operations. The Non-Automotive Investments segment includes equity method investments in non-automotive operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.

The Zacks Consensus Estimate for Penske's (PAG) Q4 earnings per share and revenues is pegged at $4.03 and $6.38 billion, respectively.

Can Penske (PAG) Please Investors This Earnings Season?

BLOOMFIELD HILLS, Mich. , Jan. 26, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers announced today it will be hosting its fourth quarter and full-year 2022 financial results conference call as follows: WHEN: Wednesday, February 8, 2023 TIME: 2:00 p.m.

PENSKE AUTOMOTIVE GROUP SCHEDULES FOURTH QUARTER AND FULL-YEAR 2022 FINANCIAL RESULTS CONFERENCE CALL

Penske Automotive Group Inc. PAG said Wednesday its board has agreed to raise its quarterly dividend by 7%, or 4 cents a share, to 61 cents. The car and truck retailer said the new dividend will be payable March 1 to shareholders of record as of Feb. 10.

Penske Automotive raises quarterly dividend by 7% to 61 cents a share

Dividend Increased by $0.04 per share, or 7%, to $0.61 BLOOMFIELD HILLS, Mich. , Jan. 25, 2023 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company's quarterly dividend by $0.04 per share, or 7%, to $0.61 per share.

PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND

Penske Automotive Group continues to generate attractive revenue growth, but profits and cash flows have weakened a bit. Despite this, management has done well to reward shareholders through share buybacks.

Penske Automotive Group: Still Offers Upside From Here

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Penske (PAG) reported earnings 30 days ago. What's next for the stock?

Why Is Penske (PAG) Up 16% Since Last Earnings Report?

BLOOMFIELD HILLS, Mich. , Nov. 18, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial trucks retailers, has published its 2022 Environmental, Social and Governance ("ESG") Report.

Penske Automotive Group Publishes 2022 ESG Report

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Penske (PAG) delivers an earnings beat, and its top and bottom lines record year-over-year growth. However, its operating income decreases.

Penske (PAG) Beats on Q3 Earnings & Sales, Boosts Buyback

Penske Automotive Group, Inc. (NYSE:PAG ) Q3 2022 Results Conference Call October 26, 2022 2:00 PM ET Company Participants Anthony Pordon - Executive Vice President, Investor Relations & Corporate Development Roger Penske - Chair & Chief Executive Officer Shelley Hulgrave - Executive Vice President & Chief Financial Officer Tony Facione - Vice President & Corporate Controller Conference Call Participants John Murphy - Bank of America Michael Ward - Benchmark Daniel Imbro - Stephens, Inc Rajat Gupta - JPMorgan David Whiston - Morningstar Operator Good afternoon. Welcome to the Penske Automotive Group Third Quarter 2022 Earnings Conference Call.

Penske Automotive Group, Inc. (PAG) Q3 2022 Earnings Call Transcript

Penske (PAG) delivered earnings and revenue surprises of 5.25% and 0.95%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Penske Automotive (PAG) Surpasses Q3 Earnings and Revenue Estimates

Record Third Quarter Revenue — Increased 7% to $6.9 Billion Record Third Quarter Earnings Per Share — Increased 3% to $4.61 Premier Truck Group EBT — Increased 9% to $52.8 Million Earnings From Penske Transportation Solutions — Increased 15% to $135.5 Million Repurchased 6.4 Million Shares of Common Stock for $675.1 Million Year-To-Date Through October 25, 2022 BLOOMFIELD HILLS, Mich. , Oct. 26, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced quarterly earnings for the third quarter of 2022.

PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY EARNINGS

Penske (PAG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Penske (PAG) Could Beat Earnings Estimates Again

BLOOMFIELD HILLS, Mich. , Oct. 17, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers announced today the hosting of its third quarter 2022 financial results conference call as follows: WHEN: Wednesday, October 26, 2022 TIME: 2:00 p.m.

PENSKE AUTOMOTIVE GROUP TO HOST THIRD QUARTER 2022 FINANCIAL RESULTS CONFERENCE CALL

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Penske (PAG) registers all-time high Q2 earnings that beat estimates on better-than-anticipated gross profit in Retail Automotive and Retail Commercial Truck units.

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Penske Automotive Group, Inc. (NYSE:PAG ) Q2 2022 Earnings Conference Call July 27, 2022 2:00 PM ET Company Participants Anthony Pordon - Executive Vice President, Investor Relations & Corporate Development Roger Penske - Chair & Chief Executive Officer Shelley Hulgrave - Executive Vice President & Chief Financial Officer Tony Facione - Vice President & Corporate Controller Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Daniel Imbro - Stephens Inc. David Whiston - Morningstar Glenn Chin - Seaport Global Mike Ward - Benchmark Operator Good afternoon. Welcome to the Penske Automotive Group Second Quarter 2022 Earnings Conference Call.

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