Lithia Motors Inc reports results for the quarter ended June 30 - Earnings Summary
Lithia Motors Inc reports results for the quarter ended June 30 - Earnings Summary
Lithia Motors Inc LAD.N reported quarterly adjusted earnings of $11.54 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $10.24. The mean expectation of thirteen analysts for the quarter was for earnings of $8.78 per share. Wall Street expected results to range from $8.50 to $9.11 per share.
Revenue rose 2.2% to $9.79 billion from a year ago; analysts expected $9.63 billion.
Lithia Motors Inc's reported EPS for the quarter was $11.54.
The company reported quarterly net income of $260 million.
Lithia Motors Inc shares had risen by 23.3% this quarter and gained 7.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.4% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto vehicles, parts & service retailers peer group is also "buy"
Wall Street's median 12-month price target for Lithia Motors Inc is $390.00, about 8.1% above its last closing price of $358.31
This summary was machine generated from LSEG data July 29 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 8.78 | 11.54 | Beat |
Mar. 31 2026 | 6.83 | 7.34 | Beat |
Dec. 31 2025 | 8.11 | 6.74 | Missed |
Sep. 30 2025 | 8.52 | 9.50 | Beat |
Recent news on Lithia Motors
See all newsLithia Motors Inc reports results for the quarter ended September 30 - Earnings Summary
Auto retailer Lithia & Driveway's Q3 results beat on demand for used vehicles
Brief: Lithia & Driveway Names Scott Cooke Operations President
U.S. RESEARCH ROUNDUP-Cloudflare, Replimune, Walmart
Lithia Motors Inc reports results for the quarter ended June 30 - Earnings Summary