Lithia Motors rises after upbeat fourth-quarter results
** Shares of automotive dealership chain Lithia Motors
LAD.N up 7.4% at $396 premarket
** Company posts Q4 revenue increase of 20% to $9.22 billion
vs. estimates of $9.10 billion - data compiled by LSEG
** Also posts quarterly adjusted EPS of $7.79 vs. estimates
of $7.24, says insurance proceeds related to a business
interruption claim helped offset foreign exchange losses
** LAD rose 8.6% in 2024
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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