Lithia Motors: A Solid Prospect Even In Spite Of Certain Weaknesses
Lithia Motors has seen a 37.2% stock increase since May 2024, outperforming the S&P 500's 13.4% gain. Despite recent appreciation, Lithia Motors remains attractively priced, though not as cheap as before; downgraded from 'strong buy' to 'buy'. Revenue growth driven by acquisitions, with new vehicle sales up 14% and used vehicle sales up 8.5%, despite some price declines.
Why Is Lithia Motors (LAD) Up 14.1% Since Last Earnings Report?
Lithia Motors (LAD) reported earnings 30 days ago. What's next for the stock?
Zacks Industry Outlook Lithia Motors and Rush Enterprises
Lithia Motors and Rush Enterprises have been highlighted in this Industry Outlook article.
2 Resilient Auto Retailers Rewarding Investors Amid Industry Hurdles
Although the Zacks Auto Retail and Wholesale industry is unfavorably ranked currently, stocks like LAD and RUSHA are worth a watch.
Lithia Q3 Earnings Beat Expectations, Revenues Rise Y/Y
LAD's third-quarter earnings beat the Zacks Consensus Estimate while revenues miss the same.
Lithia Motors, Inc. (LAD) Q3 2024 Earnings Call Transcript
Lithia Motors, Inc. (NYSE:LAD ) Q3 2024 Earnings Conference Call October 23, 2024 10:00 AM ET Company Participants Jardon Jaramillo - Senior Director, Investor Relations Bryan DeBoer - President and Chief Executive Officer Tina Miller - Senior Vice President and Chief Financial Officer Adam Chamberlain - Chief Operating Officer Chuck Lietz - Senior Vice President, Driveway Finance Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group John Murphy - Bank of America Rajat Gupta - JPMorgan Chris Bottiglieri - BNP Jeff Lick - Stephens Douglas Dutton - Evercore Michael Ward - Freedom Capital Brett Jordan - Jefferies Colin Langan - Wells Fargo Operator Greetings, and welcome to Lithia Motors Third Quarter 2024 Earnings Conference Call. At this time, all participants are on a listen-only-mode.
Compared to Estimates, Lithia Motors (LAD) Q3 Earnings: A Look at Key Metrics
The headline numbers for Lithia Motors (LAD) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Lithia Motors (LAD) Tops Q3 Earnings Estimates
Lithia Motors (LAD) came out with quarterly earnings of $8.21 per share, beating the Zacks Consensus Estimate of $7.59 per share. This compares to earnings of $9.25 per share a year ago.
Curious about Lithia Motors (LAD) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Lithia Motors (LAD) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Lithia Motors (LAD) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Lithia Motors (LAD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Lithia Motors: Dividend Appears Borderline Safe With Moderate Risk
Lithia & Driveway, an American automotive dealership group, is now an $8 billion (by market cap) car dealership retailer. The company has increased its dividend for 15 consecutive years, with a 10-year dividend growth rate of 14.6%. LAD advanced its revenue from $5.4 billion in FY 2014 to $31 billion in FY 2023, a compound annual growth rate of 21.4%.
Strength Seen in Lithia Motors (LAD): Can Its 6.7% Jump Turn into More Strength?
Lithia Motors (LAD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
