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Stock impact report

Lithia Motors' Solid Q4 Propels Stock Higher: Earnings Beat, Sales Jump, Dividend & More [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
2 min read In This Article LAD Lithia Motors' Solid Q4 Propels Stock Higher: Earnings Beat, Sales Jump, Dividend & More Lithia Motors, Inc. (NYSE: LAD ) reported fourth-quarter adjusted earnings per share of $7.79 on Wednesday, beating the street view of $7.24. Quarterly sales of $9.22 billion (up 20% year over year) outpaced the analyst consensus estimate of $9.10 billion “2024 marks another milestone year for Lithia & Driveway, with record-breaking fourth-quarter revenues, the first profitable year for Driveway Finance, and the continued maturity of foundational elements to our strategy,” said Bryan DeBoer , President and CEO. Lithia Motors said that the fourth quarter adjusted results exclude a 33 cents per diluted share impact resulting from non-core items, including a net gain on the disposal of stores and tax attributes. Also Read: ‘Not Your Father's IBM' – Analyst Says Company's Shift To A Software-Centric Company Is Overlooked The new retail units in the quart Show less Read more
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