PENSKE AUTOMOTIVE GROUP REPORTS QUARTERLY RESULTS
Penske Automotive reported Q3 2026 revenue of $8.4 billion, up 4.5% year-over-year, with EPS of $3.36 down 1.5% from $3.41 a year ago, including $0.07 per share of take-private transaction costs. The release is dominated by the pending $212.00-per-share take-private by Motown Acquisition Corp. — owned 64% by Penske Corporation and 36% by Mitsui — at a ~$16.3 billion enterprise value, expected to close in Q1 2027. Because of the pending deal, the company will not host an earnings call, has halted buybacks ($221.2M authorization remains), and faces a $383.0 million termination fee if the Merger Agreement is terminated under certain circumstances.
Key figures
- Eps
- 3.36
- Revenue Yoy
- 4.5%
- Ytd eps
- 10.89
- Net income
- 220800000
- Leverage ratio
- 1.6x
- Termination fee
- 383000000
- Enterprise value
- $16.3 billion
- Quarterly dividend
- $1.46 per share
- Income before taxes
- 302000000
- Merger price per share
- 212
- Pts equity earnings q3
- 68500000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.