{"schema_version":"secwatch.filing_event.v1","accession":"0001019849-23-000144","form_type":"8-K","ticker":"PAG","cik":"0001019849","company_name":"PENSKE AUTOMOTIVE GROUP, INC.","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.897393+00:00","generated_at":"2026-06-09T09:38:34.316878+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Penske Automotive Q3 revenue up 8% to $7.4B, net income down 23%, EPS $3.92","bullets":["Revenue $7.4B (+8% YoY); net income $263.4M (-23%); EPS $3.92 vs $4.61.","Same-store service & parts revenue +9%; commercial truck same-store gross profit +6%.","Dividend raised 9.7% to $0.79/share; YTD increase of 39% from $0.57.","PTS equity income $84.1M vs $135.5M last year due to higher interest and maintenance costs.","Acquired BMW/Porsche dealerships in Wilmington, NC (~$140M ann. rev.) and TSTC Winnipeg (~$180M)."],"urls":{"canonical":"https://secwatch.observer/filing/0001019849-23-000144","json":"https://secwatch.observer/filing/0001019849-23-000144.json","markdown":"https://secwatch.observer/filing/0001019849-23-000144.md","text":"https://secwatch.observer/filing/0001019849-23-000144.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1019849/000101984923000144/0001019849-23-000144-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1019849/000101984923000144/pag-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:38:34.316878+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1855754d4284ff97c6b78506e341d21e0bfedeaa","claim":"PENSKE AUTOMOTIVE GROUP, INC. reported third quarter of 2023 results: revenue $7.4 billion, net income $263.4 million, EPS $3.92.","evidence_excerpt":"For the quarter, revenue increased 8% to $7.4 billion. Net income attributable to common stockholders decreased 23% to $263.4 million from $340.1 million, and related earnings per share decreased 15% to $3.92 from $4.61 when compared to the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1019849/000101984923000144/0001019849-23-000144-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Revenue","value":"$7.4 billion"},{"label":"Net income","value":"$263.4 million"},{"label":"EPS","value":"$3.92"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}