Lithia Reports Record Second Quarter 2017 Results
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Lithia Motors (LAD) PT Raised to $116 at Morgan Stanley; Reiterates Overweight
August 1, 2017 11:33 AM EDTMorgan Stanley raised its price target on Lithia Motors (NYSE: LAD) to $116.00 (from $106.00) while maintaining a Overweight rating. 2Q17 results were at / above the high end of pre-announced results for % Same Store Sales Growth, Adjusted Operating Income, Adjusted EBITDA, Adjusted Net Income, and... More
Lithia Motors (LAD) Reports Q2 EPS of $2.28
July 28, 2017 7:09 AM EDTLithia Motors (NYSE: LAD) reported Q2 EPS of $2.28, versus $1.96 reported last year. Revenue for the quarter came in at $2.5 billion, versus $2.1 billion reported last year.
GUIDANCE:
Lithia Motors sees FY2017 revenue of $9.6-9.9 billion.
New vehicle same store... More