UPDATE 1-Penske earnings rise, helped by used-auto sales

Newswire

NEW YORK, April 29 (Reuters) - International automotive retailer Penske Automotive Group Inc said on Tuesday quarterly earnings rose sharply, beating analyst estimates on strong sales of used cars. Net earnings more than doubled to $33.9 million, or 36 cents per share, from $14.6 million, or 15 cents, in the same quarter a year ago. On an adjusted basis, the company earned $33.8 million, also 36 cents per share, up from $26.9 million, or 28 cents, a year earlier, when the company took ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Penske earnings rise, helped by used-auto sales" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Jan 18, 2018
video
WardsAuto

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×