Penske Automotive Group (PAG) Tops Q2 EPS by 2c, Revenues In-Line

Penske Automotive Group (NYSE: PAG) reported Q2 EPS of $1.23, $0.02 better than the analyst estimate of $1.21. Revenue for the quarter came in at $5.4 billion versus the consensus estimate of $5.4 billion.

Second Quarter 2017

• Revenue Increases 2.5% to $5.4 Billion; Excluding Foreign Exchange +6.6%
• Income from Continuing Operations Attributable to Common Shareholders Increases 11.9% to $106.0 Million; Excluding Foreign Exchange +15.7% to $109.6 Million
• Earnings Per Share from Continuing Operations Attributable to Common Shareholders Increases 10.8% to $1.23; Excluding Foreign Exchange +14.4% to $1.27

For earnings history and earnings-related data on Penske Automotive Group (PAG) click here.

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