Lithia Motors (LAD) Tops Q2 EPS by 23c; Guides Q3, FY15 EPS
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Price: $248.34 -6.11%
EPS Growth %: -27.6%
Financial Fact:
Income tax (provision) benefit: -26.04M
Today's EPS Names:
NLY, CP, RUSHA, More
EPS Growth %: -27.6%
Financial Fact:
Income tax (provision) benefit: -26.04M
Today's EPS Names:
NLY, CP, RUSHA, More
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Lithia Motors (NYSE: LAD) reported Q2 EPS of $1.86, $0.23 better than the analyst estimate of $1.63. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.9 billion.
Second Quarter-over-Quarter Operating Highlights:
- Total same store sales increased 11%
- New vehicle same store sales increased 8%
- Used vehicle retail same store sales increased 16%
- Service, body and parts same store sales increased 10%
- Same store F&I per unit increased $78 to $1,280
- Adjusted SG&A expense as a percentage of gross profit was 66.6%
Lithia Motors sees Q3 2015 EPS of $1.83-$1.87, versus the consensus of $1.69.
Lithia Motors sees FY2015 EPS of $6.63-$6.72, versus the consensus of $6.39.
For earnings history and earnings-related data on Lithia Motors (LAD) click here.
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