Lithia Motors (LAD) Prelim. Q2 EPS Tops Consensus

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Lithia Reports Preliminary Record Second Quarter 2017 Results

July 12, 2017 7:15 AM EDT

Schedules Second Quarter 2017 Conference Call

MEDFORD, Ore.--(BUSINESS WIRE)-- Lithia Motors, Inc. (NYSE: LAD) today reported that based on preliminary results, second quarter 2017 net income is estimated to be in the range of $51.5 million to $53.0 million, or $2.05 to $2.11 per diluted share. This compares to second quarter 2016 net income of $51.4 million, or $2.01 per diluted share. Adjusted second quarter 2017 net income is estimated to be in the range of $55.1 million to $56.6 million, or $2.20 to $2.26 per diluted share, compared to $50.2 million, or $1.96 per diluted share, from the same period a year ago.... More