Lithia Motors Inc. (LAD) Tops Q2 EPS by 13c; Guides FY12, Q3 Above Views; Adds 1M to Buyback

July 25, 2012 7:40 AM EDT Send to a Friend
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Lithia Motors Inc. (NYSE: LAD) reported Q2 EPS of $0.76, $0.13 better than the analyst estimate of $0.63. Revenue for the quarter came in at $847.12 million versus the consensus estimate of $773.34 million.

Lithia Motors Inc. sees FY2012 EPS of $2.69-$2.75, versus the consensus of $2.49. Lithia Motors Inc. sees FY2012 revenue of $3.2-$3.3 million, versus the consensus of $2.5 million.

Lithia Motors Inc. sees Q3 2012 EPS of $0.74-$0.76, versus the consensus of $0.70.

The Board of Directors has increased the existing authorization by 1 million shares, bringing the total remaining repurchase authorization to 1,879,853 shares.

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


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