Penske Automotive Group (PAG) Tops Q3 EPS by 1c, Revenues Beat

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Penske Automotive Reports Third Quarter 2019 Results

October 29, 2019 6:59 AM EDT

BLOOMFIELD HILLS, Mich., Oct. 29, 2019 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company, today announced third quarter and nine months 2019 results. For the three months ended September 30, 2019, the company reported income from continuing operations attributable to common shareholders of $116.1 million, or $1.42 per share, compared to $130.1 million, or $1.53 per share in the prior year. For the three and nine months ended September 30, 2018, income and earnings per share from continuing operations attributable to common shareholders included a tax benefit of $11.6 million, or $0.14 per share, related to... More