Penske Automotive Reports First Quarter 2019 Results

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Penske Automotive Group (PAG) Misses Q1 EPS by 4c, Revenues Miss; Same-Store Sales Down 3.8%, Same-Store Revenue Down 4.5%

April 25, 2019 7:08 AM EDT

Penske Automotive Group (NYSE: PAG) reported Q1 EPS of $1.19, $0.04 worse than the analyst estimate of $1.23. Revenue for the quarter came in at $5.56 billion versus the consensus estimate of $5.75 billion.

Chairman Roger Penske said, "I am pleased with our first quarter performance and... More