24.04.2014 14:24:21

Penske Automotive Q1 EPS Up - Quick Facts

(RTTNews) - Penske Automotive Group Inc. (PAG), an international transportation services company, said first-quarter net income attributable to shareholders increased to $67.5 million from $57.7 million. Income per share advanced to $0.75 from $0.64.

On average, 11 analysts polled by Thomson Reuters expected earnings of $ 0.71 per share. Analysts estimates typically exclude special items.

Total revenue increased 20.9 percent to $4.05 billion from $3.35 billion. Analysts expected revenues of $3.72 billion.

The revenue increase was driven by a 13.1 percent increase in total retail unit sales, including a 9.9 percent increase on a same-store basis.

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