Lithia (LAD) tops second-quarter earnings and sales estimates. While the top line rises 14% year over year, EPS declines 27.8% from the corresponding quarter of 2023.
Although the revenue and EPS for Lithia Motors (LAD) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lithia Motors (LAD) came out with quarterly earnings of $7.87 per share, beating the Zacks Consensus Estimate of $7.09 per share. This compares to earnings of $10.91 per share a year ago.
Lithia Motors (LAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors need to pay close attention to Lithia Motors (LAD) stock based on the movements in the options market lately.
Lithia (LAD) and Marubeni make a notable minority investment in Wheels to help it innovate its top-tier product offerings for corporate clients.
Lithia (LAD) expands its presence in the U.S. Southeast Region by acquiring two dealerships in Memphis, TN, and one in the greater Toronto area.
Lithia's (LAD) near-term prospects look muted amid low organic sales growth, declining GPUs from new and used vehicle sales, rising expenses and high leverage.
Lithia Motors (LAD) reported earnings 30 days ago. What's next for the stock?