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AI brief of an SEC Form 8-K · Penske Automotive (PAG)

Penske Automotive Q2 revenue rises 3% to record $7.7 billion; EPS falls to $3.61

Mixed Impact 3 of 5 earnings Written later

Penske Automotive Group reported second quarter 2024 revenue up 3% from a year earlier to a record $7.7 billion. Net income attributable to common stockholders fell 19.8% to $241.2 million, and earnings per share fell to $3.61 from $4.41, so profit declined even as sales grew. The board also approved a quarterly dividend of $1.07 per share, an 11% increase.

Key points

  • Revenue rose 3% to $7.7 billion, a quarterly record, versus $7.5 billion in Q2 2023.
  • Net income attributable to common stockholders was $241.2 million versus $300.8 million; EPS was $3.61 versus $4.41.
  • Quarterly dividend raised 11% to $1.07 per share, payable September 4, 2024, to holders of record as of August 15, 2024.

The filing

CompanyPenske Automotive (PAG)
Form8-K, current report
Filed with the SECJul 31, 2024, 12:05 PM ET
Accession number0001019849-24-000093

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.