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Lithia Motors Q1 Adj $6.11 Misses $7.89 Estimate, Sales $8.56B Beat $8.54B Estimate

Author: Benzinga Newsdesk | April 24, 2024 05:03am

Lithia Motors (NYSE:LAD) reported adjusted quarterly earnings of $6.11 per share which missed the analyst consensus estimate of $7.89 by 22.56 percent. This is a 27.61 percent decrease over earnings of $8.44 per share from the same period last year. The company reported quarterly sales of $8.56 billion which beat the analyst consensus estimate of $8.54 billion by 0.19 percent. This is a 22.69 percent increase over sales of $6.97 billion the same period last year.

Posted In: LAD


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