Lithia Motors (LAD) Tops Q1 EPS by 1c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Lithia Motors (LAD) Tops Q1 EPS by 1c

Lithia Motors (LAD) Defended at KeyBanc

April 21, 2016 2:50 PM EDT

KeyBanc analsyt Brett D. Hoselton defended Lithia Motors (NYSE: LAD) after shares plunged 12% in the wake of Q1 results. Hoselton said he believes the sell off is "exaggerated and will be short lived."

The analyst made three points:

LADs 1Q16 gross profit throughput of 37% was well below LADs target range of 45-50% due to over spending (e.g., higher... More