Penske Automotive Group (PAG) Tops Q3 EPS by $1.09

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Penske Automotive Reports All-Time Record Quarterly Results

October 27, 2021 6:59 AM EDT

BLOOMFIELD HILLS, Mich., Oct. 27, 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 record third quarter and nine months 2021 results, including the best quarterly results in company history. For the three months ended September 30, 2021, the company reported a 43.9% increase in income from continuing operations attributable to common shareholders to $354.8 million and a 45.3% increase in related earnings per share to $4.46. This compares to income from continuing operations attributable to common shareholders of $246.5 million, or... More