Lithia Motors (LAD) Tops Q1 EPS by 17c; Guides In-Line

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Go back to Lithia Motors (LAD) Tops Q1 EPS by 17c; Guides In-Line

Lithia Motors Reports Adjusted EPS of $1.39 for First Quarter 2015; Revenues Increase 66%

April 22, 2015 7:29 AM EDT

MEDFORD, OR -- (Marketwired) -- 04/22/15 -- Lithia Motors, Inc. (NYSE: LAD) reported the highest first quarter adjusted net income in Company history and increased adjusted net income from continuing operations 36% for the first quarter of 2015 over the prior year period.

2015 first quarter adjusted net income from continuing operations was $36.9 million, or $1.39 per diluted share. This compares to 2014 first quarter adjusted net income from continuing operations of $27.1 million, or $1.03 per diluted share.

Unadjusted net income from continuing operations for the first quarter of 2015 was $40.7 million, or $1.53 per diluted share, compared to $24.7 million, or... More