PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS
PR Newswire•28/10/2026•06:58 ET
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Key Highlights
- ➤$212.00-per-share cash offer values Penske Automotive at approximately $16.3 billion
- ➤Q3 revenue increased 5% to $8.4 billion; EPS was $3.36
- ➤Proposed take-private transaction is expected to close in Q1 2027
- ➤Retail commercial truck revenue rose to $1.1 billion; pretax income reached $59.6 million
- ➤Quarterly dividend increased 1.4% to $1.46 per share
PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS PR Newswire
Income Before Taxes of $302 Million; Net Income of $221 Million; Earnings Per Share of $3.36
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