Lithia Motors (LAD) Surpasses Q2 Earnings and Revenue Estimates
LADLithia Motors(LAD) ZACKS·2024-08-01 20:05

Lithia Motors (LAD) came out with quarterly earnings of 7.87pershare,beatingtheZacksConsensusEstimateof7.87 per share, beating the Zacks Consensus Estimate of 7.09 per share. This compares to earnings of 10.91pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof1110.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11%. A quarter ago, it was expected that this auto dealership chain would post earnings of 7.85 per share when it actually produced earnings of $6.11, delivering a surprise of -22.17%.Over the last four quarters, th ...