Lithia Reports Adjusted EPS of $1.86 for Second Quarter of 2015; Revenues Increase 63%
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BofA/Merrill Lynch Downgrades Lithia Motors (LAD) to Neutral
July 23, 2015 6:43 AM EDTBofA/Merrill Lynch downgraded Lithia Motors (NYSE: LAD) from Buy to Neutral with a price target of $131.00 (from $129.00). The change is tied to valuation.
For an analyst ratings summary and ratings history on Lithia Motors... More
Lithia Motors (LAD) Declares $0.20 Quarterly Dividend; 0.7% Yield
July 22, 2015 7:38 AM EDTLithia Motors (NYSE: LAD) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.
The dividend will be payable on August 21, 2015, to stockholders of record on August 7, 2015, with an ex-dividend date of August 5, 2015.
The annual yield on the dividend is 0.7 percent.
For... More
Lithia Motors (LAD) Tops Q2 EPS by 23c; Guides Q3, FY15 EPS
July 22, 2015 7:30 AM EDTLithia 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... More