Lithia Motors (LAD) Tops Q3 EPS by 16c

Lithia Motors (NYSE: LAD) reported Q3 EPS of $2.03, $0.16 better than the analyst estimate of $1.87. Revenue for the quarter came in at $2.09 billion versus the consensus estimate of $2.05 billion.

• New vehicle same store sales increased 11%
• Used vehicle retail same store sales increased 13%
• Service, body and parts same store sales increased 10%
• Same store F&I per unit increased $71 to $1,274

Lithia Motors sees FY2015 EPS of $6.89-$6.93, versus the consensus of $6.77.

Lithia Motors sees Q4 2015 EPS of $1.61-$1.65, versus the consensus of $1.63.

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

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