Lithia (LAD) Q1 Earnings Miss Expectations, Dividend Hiked

Published on 26 Apr 2024 on Zacks via Yahoo Finance

Lithia (LAD) Q1 Earnings Miss Expectations, Dividend Hiked

Lithia Motors LAD reported first-quarter 2024 adjusted earnings per share (EPS) of $6.11, which declined from the prior-year quarter’s $8.44 and missed the Zacks Consensus Estimate of $7.85.Total revenues jumped 23% year over year to $8.56 billion. The top line outpaced the Zacks Consensus Estimate of $8.5 billion.

Lithia Motors, Inc. Price, Consensus and EPS Surprise

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NYSE.LAD price evolution

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Lithia (LAD) Q1 Earnings Miss Expectations, Dividend Hiked

NYSE.LAD price evolution

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