Lithia Reports Highest Quarterly Net Income in Company History

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Go back to Lithia Reports Highest Quarterly Net Income in Company History

Lithia Motors (LAD) Tops Q3 EPS by $1.03, Revenues Beat

October 21, 2020 7:12 AM EDT

Lithia Motors (NYSE: LAD) reported Q3 EPS of $6.89, $1.03 better than the analyst estimate of $5.86. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.57 billion.

Third Quarter-over-Quarter Operating Highlights:

Total company revenues increased 8.6%Same store used vehicle retail sales increased 11.2%Same store F&I per unit increased 9.8% to... More