secwatch.observer — SEC 8-K summary
======================================

Issuer:     PENSKE AUTOMOTIVE GROUP, INC. (PAG)
CIK:        0001019849
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001019849-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penske Automotive posts record Q1: EPS $4.76 (+111%), revenue $7B (+21%), repurchased $184M shares
--------------------------------------------------------------------------------

- Income from continuing operations $367.9M, up 102% YoY; EPS $4.76, up 111%.
- Total revenue $7.0B (+21%); retail auto same-store gross profit +27%, commercial truck same-store revenue +47%.
- Repurchased 1.9M shares for $184M YTD through Apr 26; $46.3M remaining under authorization.
- Added ~$665M annualized revenue via acquisitions of commercial truck and BMW/MINI dealerships.
- Investment in Penske Transportation Solutions earnings up 121% to $118.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1019849/000101984922000017/0001019849-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1019849/000101984922000017/pag-20220427.htm
  HTML page:      https://secwatch.observer/filing/0001019849-22-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer