Lithia Motors: Short Term Troubles But Long Term Still Looks Promising
LADLithia Motors(LAD) Seeking Alpha·2024-08-04 21:00
Luis Alvarez Lithia Motors (NYSE:LAD) surprised investors last week by announcing results better than expected. The company reported a revenue growth of 13.8% which translated into non-GAAP EPS (earnings per share) of $7.87 for the quarter when analysts were looking for $7.04. As a result of these results, the company's stock rose on Thursday but gave back some of those gains on Friday as the overall market had a sell off. Data by YCharts This is a company I've covered in the last with an article titled ...