Penske Automotive Group (PAG) Tops Q2 EPS by $2.35

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Go back to Penske Automotive Group (PAG) Tops Q2 EPS by $2.35

Penske Automotive Reports All Time Record Second Quarter Results

July 28, 2021 6:59 AM EDT

BLOOMFIELD HILLS, Mich., July 28, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced second quarter and six months 2021 results. For the three months ended June 30, 2021, the company reported a 652.9% increase in income from continuing operations attributable to common shareholders to $338.8 million and a 650.0% increase in related earnings per share to $4.20. This compares to income from continuing operations attributable to common shareholders of $45.0 million, or $0.56 per share, in the prior year. Second quarter income... More