Penske Automotive Group (PAG) Tops Q4 EPS by 36c, Revenues Beat
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Penske Automotive Reports Record Results
February 10, 2021 6:59 AM EST
BLOOMFIELD HILLS, Mich., Feb. 10, 2021 /PRNewswire/ --Â Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company, today announced fourth quarter and full year 2020 results. For the three months ended December 31, 2020, the company reported a 97% increase in income from continuing operations attributable to common shareholders to $200.1 million, and a 99% increase in related earnings per share to $2.49. This compares to income from continuing operations attributable to common shareholders of $101.6 million, or $1.25 per share in the prior year. Fourth quarter income from continuing operations and... More
