Lithia Motors Inc. (LAD) Misses Q1 EPS by 2c

Lithia Motors Inc. (NYSE: LAD) reported Q1 EPS of $0.94, $0.02 worse than the analyst estimate of $0.96. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.02 billion.

• Total same store sales increased 12%
• New vehicle same store sales increased 10%
• Used vehicle retail same store sales increased 19%
• Service, body and parts same store sales increased 9%

Lithia Motors Inc. sees Q2 2014 EPS of $1.18-$1.20, versus the consensus of $1.23.

Lithia Motors Inc. sees FY2014 EPS of $4.57-$4.65, versus the consensus of $4.55.

For earnings history and earnings-related data on Lithia Motors Inc. (LAD) click here.

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