Penske Automotive Group (PAG) Tops Q1 EPS by 45c, Revenues Beat
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Penske Automotive Reports All Time Record First Quarter Results
April 28, 2021 7:00 AM EDTBLOOMFIELD HILLS, Mich., April 28, 2021 /PRNewswire/ --Â Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company, today reported the highest first quarter revenue, income from continuing operations, and earnings per share in company history. For the three months ended March 31, 2021, the company reported a 253.7% increase in income from continuing operations attributable to common shareholders to $182.5Â million and a 253.1% increase in related earnings per share to $2.26. This compares to income from continuing operations attributable to common shareholders of $51.6 million, or $0.64 per share in the prior year. Foreign exchange positively... More
