Penske Automotive Group (PAG) Tops Q4 EPS by 4c

Go back to Penske Automotive Group (PAG) Tops Q4 EPS by 4c

Penske Automotive Reports Fourth Quarter 2019 Results

February 5, 2020 6:59 AM EST

BLOOMFIELD HILLS, Mich., Feb. 5, 2020 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company, today announced fourth quarter and full year 2019 results. For the three months ended December 31, 2019, income from continuing operations attributable to common shareholders increased 3.9% to $101.6 million, and related earnings per share increased 8.7% to $1.25 per share. This compares to income from continuing operations of $97.8 million and related earnings per share of $1.15 in the prior year. Fourth quarter 2018 income from continuing operations and earnings per share attributable to common shareholders included a net benefit of... More