Brief: Lithia Motors reports Q4 earnings per share $2.03

Idglobal

15/02/2017 12:00

Feb 15 (Reuters) - Lithia Motors Inc  LAD.N  
    * Lithia reports record fourth quarter and full year 2016 
results 
    * Sees FY 2017 earnings per share $8.00 to $8.30 
    * Q4 earnings per share $2.03 
    * Q4 revenue $2.3 billion versus I/B/E/S view $2.22 billion 
    * Q4 earnings per share view $1.87 -- Thomson Reuters 
I/B/E/S 
    * Q4 adjusted earnings per share $1.86 
    * Qtrly total same store sales increased 5% 
    * Qtrly new vehicle same store sales increased 4% 
    * Qtrly used vehicle retail same store sales increased 11% 
    * Project 2017 full year new vehicle same store sales 
increasing 1.5% 
    * Sees 2017 total revenue of $9.2 billion to $9.4 billion 
    * Project 2017 full year used vehicle same store sales 
increasing 5.5% 
    * Has approved a dividend of $0.25 per share related to q4 
2016 financial results 
    * Fy2017 earnings per share view $8.32, revenue view $9.54 
billion -- Thomson Reuters I/B/E/S 
 
Source text for Eikon:  ID:nMKWspXlNa  
Further company coverage:  LAD.N  
 
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