Auto Stock Roundup: GM Q2 Earnings Beat, Tesla Opens Gigafactory, Toyota Loses 1H Sales Lead
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 6:19AM CDT
Auto sector companies had mostly good fortunes on the stock market last week.
TSLA: 227.20 (-2.81), F: 11.94 (-0.54), GM: 29.93 (-1.37), TM: 109.97 (-1.26), PAG: 37.86 (-1.93), HMC: 28.05 (+0.76), LEA: 109.11 (-4.55)
Penske Automotive Reports Second Quarter Results
PR Newswire - Thu Jul 28, 5:52AM CDT
Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, announced today record second quarter and six-month results. For the three months ended June 30, 2016, income from continuing operations attributable to common shareholders increased 0.6% to $94.7 million, and related earnings per share increased 6.7% to $1.11 when compared to the same period last year. Total automotive retail units increased 6.2% and total revenue increased 6.8% to $5.3 billion. Excluding foreign exchange, total revenue increased 9.2%. Same-store retail revenue increased 0.2%. Excluding foreign exchange, same-store retail revenue increased 2.7%. Foreign exchange rates negatively impacted earnings per share attributable to common shareholders by $0.03 for the three months ended June 30, 2016.
PAG: 37.86 (-1.93)
Penske Automotive Increases Dividend
PR Newswire - Wed Jul 27, 6:48AM CDT
Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced that its Board of Directors has approved an increase in the cash dividend to $0.28 per share for the second quarter of 2016.
PAG: 37.86 (-1.93)
How Xerox (XRX) Will Survive the Brexit Carnage (revised)
Supriyo Bose - Zacks Investment Research - Fri Jun 24, 12:04PM CDT
With 5% of the total revenue coming from the U.K., Xerox (XRX) is expected to be impacted the Brexit fallout.
F: 11.94 (-0.54), EBAY: 30.79 (-0.46), XRX: 9.81 (-0.33), PAG: 37.86 (-1.93)
Brexit Mandate: 4 Sectors & Their Stocks Under Pressure
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 9:40AM CDT
Thanks to Brexit, the market is going to move significantly one way or the other.
F: 11.94 (-0.54), GS: 156.06 (-2.12), JPM: 63.65 (-0.15), C: 42.99 (-0.43), EOG: 79.89 (+1.19), COP: 39.79 (+0.18), APA: 49.94 (+0.07), BAC: 14.13 (-0.20), PAG: 37.86 (-1.93), MS: 28.00 (-0.50)
Will Xerox (XRX) be Able to Survive the Brexit Carnage?
Supriyo Bose - Zacks Investment Research - Fri Jun 24, 9:28AM CDT
As global equity markets went in a tizzy with the U.K.'s shocking decision to exit the European Union or Brexit, various U.S. companies from diverse sectors also felt the ripple effect.
F: 11.94 (-0.54), EBAY: 30.79 (-0.46), XRX: 9.81 (-0.33), PAG: 37.86 (-1.93)
Penske Automotive Gains from New Dealership, Rising Sales
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:35AM CDT
On May 30, 2016, we issued an updated research report on Penske Automotive Group, Inc. (PAG).
ALV: 103.25 (-2.60), PAG: 37.86 (-1.93), SUP: 29.33 (-0.88), OSK: 53.69 (-0.50)
Auto Stock Roundup: Toyota Posts Weak Earnings, Ford Announces New Investment
Zacks Equity Research - Zacks Investment Research - Thu May 12, 8:13AM CDT
Toyota (TM) reported weak net income and revenues for the quarter ended Mar 31, 2016. It also issued weak fiscal 2017 guidance. Ford (F) announced a new investment.
TSLA: 227.20 (-2.81), F: 11.94 (-0.54), AAP: 166.61 (-1.89), TM: 109.97 (-1.26), PAG: 37.86 (-1.93), HMC: 28.05 (+0.76), TTM: 36.76 (-1.23)
Penske Automotive Group Announces Pricing Of $500.0 Million Senior Subordinated Notes
PR Newswire - Wed May 11, 3:25PM CDT
Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, today announced the pricing of $500.0 million aggregate principal amount of fixed rate Senior Subordinated Notes due 2026 (the "2026 Notes"
PAG: 37.86 (-1.93)
Auto Stock Roundup: US Sales Surge, Ford Posts Strong Earnings, Tesla Loss Widens
Zacks Equity Research - Zacks Investment Research - Thu May 05, 8:45AM CDT
Strong U.S. light-vehicle sales last month led to a new April record. Meanwhile, Ford (F) and Tesla (TSLA) reported first-quarter results.
TSLA: 227.20 (-2.81), F: 11.94 (-0.54), AZO: 802.53 (-9.25), AAP: 166.61 (-1.89), GM: 29.93 (-1.37), TM: 109.97 (-1.26), PAG: 37.86 (-1.93)
Auto Stock Roundup: General Motors, Penske Automotive, Lear Corp Earnings Beat
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 8:49AM CDT
General Motors Company (GM), Penske Automotive Group, Inc. (PAG) and Lear Corp. (LEA) were among the noteworthy releases over the past week.
TSLA: 227.20 (-2.81), HOG: 51.46 (-0.20), F: 11.94 (-0.54), AAP: 166.61 (-1.89), GM: 29.93 (-1.37), TM: 109.97 (-1.26), PAG: 37.86 (-1.93), LEA: 109.11 (-4.55)
Penske Automotive (PAG) Beats on Q1 Earnings and Sales
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 7:04AM CDT
Penske Automotive Group, Inc.'s (PAG) first-quarter 2016 earnings per share improved 7.1% to 90 cents.
PAG: 37.86 (-1.93), SUP: 29.33 (-0.88), FDML: 8.75 (-0.24), LEA: 109.11 (-4.55)
Look for Shares of Penske Auto Group to Potentially Pullback after Yesterday's 8.33% Rise
Comtex SmarTrend(R) - Tue Apr 26, 4:30PM CDT
Penske Auto Group (NYSE
PAG: 37.86 (-1.93)
Penske tops Street 1Q forecasts
Automated Insights - Tue Apr 26, 7:03AM CDT
BLOOMFIELD HILLS, Mich. (AP) _ Penske Automotive Group Inc. (PAG) on Tuesday reported first-quarter earnings of $79.3 million.
PAG: 37.86 (-1.93)
Penske Automotive Reports Record First Quarter Results
PR Newswire Europe - Tue Apr 26, 5:57AM CDT
Earnings Per Share From Continuing Operations of $0.90
PAG: 37.86 (-1.93)
Auto Stocks Reporting Q1 Earnings on Apr 26: PCAR, PAG
Zacks Equity Research - Zacks Investment Research - Mon Apr 25, 9:20AM CDT
Among the many companies lined up to report this week, let's see what awaits these two major auto stocks scheduled to release their results on Apr 26.
PCAR: 57.82 (-0.72), PAG: 37.86 (-1.93)
Penske Automotive (PAG) Q1 Earnings: A Surprise in Store?
Zacks Equity Research - Zacks Investment Research - Thu Apr 21, 6:08AM CDT
Penske Automotive Group, Inc. (PAG) is set to report first-quarter 2016 results on Apr 26.
F: 11.94 (-0.54), ALV: 103.25 (-2.60), PAG: 37.86 (-1.93), RACE: 46.51 (+0.73)
Penske Automotive Group To Host First Quarter Earnings Conference Call
PR Newswire - Thu Apr 14, 3:33PM CDT
Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its first quarter financial results conference call as follows:
PAG: 37.86 (-1.93)