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6 months ago
BRIEF-Penske Automotive posts Q4 adj. earnings $0.91/shr from continuing operations
February 7, 2017 / 12:12 PM / 6 months ago

BRIEF-Penske Automotive posts Q4 adj. earnings $0.91/shr from continuing operations

Feb 7 (Reuters) - Penske Automotive Group Inc

* Penske Automotive reports record fourth quarter and full year results

* Q4 adjusted earnings per share $0.91 from continuing operations excluding items

* Q4 earnings per share view $0.88 -- Thomson Reuters I/B/E/S

* Q4 earnings per share $4.00 from continuing operations

* Q4 earnings per share $0.97

* Q4 revenue $4.9 billion versus I/B/E/S view $5.01 billion

* Q4 same-store retail revenue decreases 3.8 pct

* Qtrly same-store retail unit sales -2.2 pct to 106,948

* Penske Automotive Group Inc - for three months ended december 31, 2016 excluding foreign exchange, total revenue increased 5.7 pct

* Penske Automotive Group Inc says foreign exchange rates negatively impacted revenues by approximately $313 million in quarter Source text for Eikon: Further company coverage:

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