Penske Automotive Group Inc (NYSE:PAG)
$ 155 -1.25 (-0.8%) Market Cap: 10.37 Bil Enterprise Value: 18.27 Bil PE Ratio: 10.78 PB Ratio: 2.16 GF Score: 91/100

Q1 2024 Penske Automotive Group Inc Earnings Call Transcript

Apr 30, 2024 / 06:00PM GMT
Release Date Price: $152.91 (-1.59%)
Operator

Good afternoon and welcome to the Penske Automotive Group First Quarter 2024 Earnings Conference Call. Today's call is being recorded and will be available for replay approximately 1 hour after completion through May 7, 2024, on the company's website under the Investors tab at www.penskeautomotive.com.

I will now introduce Tony Pordon, the company's Executive Vice President of Investor Relations and Corporate Development. Sir, please go ahead.

Anthony R. Pordon
Penske Automotive Group, Inc. - EVP of IR & Corporate Development

Thank you, Leah. Good afternoon, everyone, and thank you for joining us today. As you know, a press release detailing Penske Automotive Group's First Quarter 2024 financial results was issued this morning and is posted on our website along with the presentation designed to assist you in understanding the company's results. As always, I'm available by e-mail or phone for any follow-up questions you may have.

Joining me for today's call are Roger

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