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Dec 31, 2024
Penske Q4 2024 Earnings Report
Key Takeaways
Penske Automotive Group reported a record quarterly revenue of $7.72B, up 6.2% YoY, driven by a 7% increase in new vehicle sales and strong service & parts growth. Net income rose 24.0% to $236.4M, with EPS up 24.6% to $3.54. Operating margin improved to 4.3%, reflecting cost efficiencies.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Penske Automotive expects continued growth in premium brand dealerships, cost efficiencies, and steady service & parts performance, despite challenges in commercial truck sales.
Positive Outlook
- Expansion in premium brand dealerships
- Cost control improvements
- Record service & parts revenue
- Strong demand for new vehicles
- Dividend increase
Challenges Ahead
- Decline in commercial truck sales
- Lower used vehicle volume
- Foreign exchange fluctuations
- Rising interest rates
- Inventory supply challenges
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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