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Dec 31, 2022
Penske Q4 2022 Earnings Report
Penske Automotive Group reported record Q4 revenue and earnings per share, with revenue increasing 11% to $7.0 billion and earnings per share increasing 6% to $4.21.
Key Takeaways
Penske Automotive Group announced record fourth quarter results, with revenue increasing 11% to $7.0 billion and earnings per share increasing 6% to $4.21. The company retailed more than 447,000 new and used vehicles through its retail automotive operations and over 20,000 new and used commercial trucks through its commercial truck dealerships.
Q4 revenue increased 11% to $7.0 billion.
Earnings per share increased 6% to $4.21.
Retail automotive same-store revenue increased 4%.
Retail commercial truck same-store revenue increased 33%.
Penske
Penske
Penske Revenue by Segment
Forward Guidance
This press release does not contain forward guidance. Therefore, the positive and negative bullet points are not available.
Revenue & Expenses
Visualization of income flow from segment revenue to net income