Penske Automotive Reports Slight Revenue Uptick, CEO Touts 'Recovery Across Used Vehicles'
Penske Automotive Reports Slight Revenue Uptick, CEO Touts 'Recovery Across Used Vehicles'
Penske Automotive Group, Inc. (NYSE:PAG) reported first-quarter earnings per share of $3.21, missing the street view of $3.31.
彭斯克汽車集團公司（紐約證券交易所代碼：PAG）公佈的第一季度每股收益爲3.21美元，未達到3.31美元的街景。
Quarterly sales of $7.448 billion missed the analyst consensus of $7.465 billion.
季度銷售額爲74.48億美元，未達到分析師共識的74.65億美元。
For the quarter, revenue increased 1.5% year over year.
本季度，收入同比增長1.5％。
The company's quarterly results were negatively impacted by higher interest costs of $17.4 million, driven primarily by an increase in interest rates and higher inventory levels which increased borrowings under floorplan arrangements combined with lower equity earnings from the company's investment in Penske Transportation Solutions.
該公司的季度業績受到1740萬美元利息成本上漲的負面影響，這主要是由於利率的提高和庫存水平的增加，這增加了平面圖安排下的借款，以及該公司投資彭斯克運輸解決方案的股權收益減少。
Penske Automotive CEO Roger Penske said, "Our retail automotive service and parts revenue grew 9% to a quarterly record of $746 million."
彭斯克汽車首席執行官羅傑·彭斯克表示：“我們的零售汽車服務和零部件收入增長了9％，達到7.46億美元的季度紀錄。”
During the quarter, the company "experienced a recovery across our used vehicle retail automotive operations with profitability improving sequentially by $428 per unit retailed," Penske said.
彭斯克說，在本季度，該公司 “經歷了二手車零售業務的復甦，每單位零售的盈利能力連續提高了428美元。”
For the three months ended March 31, total new and used units delivered increased 4% to 126,864, and total retail automotive revenue increased 3% to $6.5 billion.
在截至3月31日的三個月中，新舊車交付總量增長了4％，達到126,864輛，零售汽車總收入增長了3％，達到65億美元。
Same-store new and used units delivered increased by 1% to 122,060, and same-store revenue decreased by 1%.
同店交付的新品和二手商品增長了1％，達到122,060件，同店收入下降了1％。
"Further, I was pleased with our focus on controlling costs as selling, general, and administrative expenses as a percentage of gross profit improved by 30 basis points sequentially to 70.7%, the CEO added.
首席執行官補充說：“此外，我對我們專注於控制成本感到滿意，因爲銷售、一般和管理費用佔毛利的百分比連續增長了30個點子，達到70.7％。
Same-store service and parts revenue and gross profit increased 5%.
同店服務和零件收入和毛利增長了5％。
As of March 31, Premier Truck Group operated 43 North American retail commercial truck locations.
截至3月31日，Premier Truck Group在北美運營了43個零售商用卡車門店。
Price Action: PAG shares are trading lower by 1.46% to $153.17 at the last check Tuesday.
價格走勢：在週二的最後一次檢查中，PAG股價下跌1.46％，至153.17美元。
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譯文內容由第三人軟體翻譯。