Lithia Motors rises after indicating Q2 profit above estimates

Lithia Motors

15/07/2025 13:05

** Shares of Medford, Oregon-based automotive retailer Lithia Motors LAD.N up 2% to $360 in pre-market

** Co sees Q2 net income between $9.70-$10 per share in preliminary results, above Wall Street estimate of $8.66 per share, according to data compiled by LSEG

** Expects Q2 revenue between $9.4 bln and $9.6 bln, below analysts' estimates of $9.71 bln

     ** LAD expects Q2 same-store revenue growth between 3.5% to 4%

 (Reporting by Apratim Sarkar)

 ((Apratim.Sarkar@thomsonreuters.com))