Lithia Motors To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Lithia Motors: Short Term Troubles But Long Term Still Looks Promising
Lithia Motors reported better than expected quarterly results with revenue growth of 13.8% and non-GAAP EPS of $7.87. Weaknesses in same store data showed declines in new and used vehicle revenues, finance, insurance, and aftersales, impacting margins. Despite short-term challenges, LAD stock offers a long-term investment opportunity with historically strong growth and a growth-oriented management mindset.
Lithia (LAD) Q2 Earnings Exceed Expectations but Fall Y/Y
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.
Compared to Estimates, Lithia Motors (LAD) Q2 Earnings: A Look at Key Metrics
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) Surpasses Q2 Earnings and Revenue Estimates
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.
Analysts Estimate Lithia Motors (LAD) to Report a Decline in Earnings: What to Look Out for
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.
Is The Options Market Predicting A Spike In Lithia Motors (LAD) Stock?
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 Minority Investment in Wheels
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 Footprint in the US Southeast Region
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 (LAD) Short-Term View Bearish Despite Buyouts & Buybacks
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.
Why Is Lithia Motors (LAD) Down 1.4% Since Last Earnings Report?
Lithia Motors (LAD) reported earnings 30 days ago. What's next for the stock?
