Transportation company Penske criticizes Department of Homeland Security for using rental trucks to transport agents in cargo areas without authorization.
Penske Automotive Group (PAG 0.04%), a diversified global auto and truck retailer, reported its second quarter earnings results on July 30, 2025. The headline news was a robust GAAP earnings per share (EPS) of $3.78, surpassing analyst GAAP estimates of $3.57.
Fox has purchased a one-third interest in Penske Entertainment inclusive of Indycar and the iconic Indianapolis Motor Speedway. Financial details weren't disclosed. The move builds on a Fox Sports rights deal from this year, which has also been extended, bringing fresh promotional resources and significantly larger reach to the series.
PAG reported solid Q2 results with EPS growth and margin expansion, driven by cost discipline and a resilient service/parts business. The company's focus on premium and imported vehicles insulates it somewhat from tariffs and economic cyclicality, but vehicle sales remain sluggish. Service and parts drive the majority of gross profit, providing stability despite macro headwinds and muted new/us...
Penske delivered resilient Q2 results, growing EPS 5% despite flat revenue, thanks to higher margin used car sales and strong service & parts performance. Tariff risks impacted Penske's new car sales in Q2 due to its heavy exposure to European and Japanese brands. Early indications for July suggest sales are picking back up given higher certainty around tariffs, but more time is needed to estab...
Penske Automotive Group, Inc. (NYSE:PAG ) Q2 2025 Earnings Conference Call July 30, 2025 2:00 PM ET Company Participants Anthony R. Pordon - Executive Vice President of Investor Relations & Corporate Development Michelle Hulgrave - Executive VP & CFO Randall Seymore - Chief Operating Officer of International Operations Richard P.
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