Lithia Reports Record Second Quarter Results and Increases 2016 Guidance

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Lithia Motors (LAD) Tops Q2 EPS by 3c

July 28, 2016 9:18 AM EDT

Lithia Motors (NYSE: LAD) reported Q2 EPS of $1.96, $0.03 better than the analyst estimate of $1.93. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.16 billion.

Total same store sales increased 3.8%New vehicle same store sales increased 2.3%Used... More