earnings
confidence high
sentiment negative
materiality 0.70
Penske Automotive Q1 EPS $3.56 vs $3.86 YoY; net income down 9%
PENSKE AUTOMOTIVE GROUP, INC.
2026-Q1 EPS reported
$3.56
revenue$7,863,600,000
- Revenue $7.9B (down from $8.0B); GAAP EPS $3.56 vs $3.86; adjusted EPS $3.05.
- Record retail automotive service & parts revenue $864M (+4.6% YoY; same-store +4.6%).
- Completed acquisitions adding $450M annualized revenue; repurchased 170,393 shares.
- PTS equity income up 24% to $41.1M; leverage ratio 1.8x with $1.3B liquidity.
- Retail commercial truck units down 24% YoY; Class 8 orders improving.