Lithia Motors Q3: Earnings Beat Estimates, New Store Acquisitions Expand Market Reach Across Luxury Segments In Florida [Yahoo! Finance]
Lithia Motors, Inc. (LAD)
Last lithia motors, inc. earnings: 4/22 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
lithiainvestorrelations.com
Company Research
Source: Yahoo! Finance
Unrealized investment gains and foreign currency exchange gains increased diluted earnings per share by 11 cents. Quarterly sales of $9.221 billion (+11%) missed the street view of $9.482 billion. Revenue Segments: New vehicle retail (+14%), Used vehicle retail (+8.5%), Used vehicle wholesale (+23.7%), Finance and insurance (+3.1%), Aftersales (+20.9%), Fleet and other (-31.4%). Adjusted net income was $222 million, reflecting a 14% decrease from $258 million in the same period of 2023. Aftersales gross profit increased by 6.3% on a same-store basis. The financing operations remained profitable, reporting quarterly income of $1 million. In the third quarter, the company expanded its network in the Southeast by acquiring three stores from Duval Motor Company in Jacksonville and Gainesville, Florida. These acquisitions will enhance Lithia Motors' presence in the import and luxury segments in Florida, broadening the geographic scope of the company's retail network. So far
Show less
Read more
Impact Snapshot
Event Time:
LAD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LAD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LAD alerts
High impacting Lithia Motors, Inc. news events
Weekly update
A roundup of the hottest topics
LAD
News
- Lithia Motors, Inc. (NYSE: LAD) had its price target raised by analysts at Guggenheim from $380.00 to $418.00. They now have a "buy" rating on the stock.MarketBeat
- Zacks Industry Outlook Lithia Motors and Rush Enterprises [Yahoo! Finance]Yahoo! Finance
- Lithia Motors, Inc. (NYSE: LAD) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- When Should You Buy Lithia Motors, Inc. (NYSE:LAD)? [Yahoo! Finance]Yahoo! Finance
- Lithia Motors, Inc. (NYSE: LAD) had its price target raised by analysts at JPMorgan Chase & Co. from $375.00 to $405.00. They now have an "overweight" rating on the stock.MarketBeat
LAD
Earnings
- 10/23/24 - Beat
LAD
Sec Filings
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- 11/13/24 - Form 4
- LAD's page on the SEC website