Lithia Reports Record Second Quarter 2018 Results, Increases Revenue 26%

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Go back to Lithia Reports Record Second Quarter 2018 Results, Increases Revenue 26%

Lithia Motors (LAD) Misses Q2 EPS by 42c, Lowers Guidance

July 25, 2018 7:05 AM EDT

Lithia Motors (NYSE: LAD) reported Q2 EPS of $2.52, $0.42 worse than the analyst estimate of $2.94. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.04 billion.

GUIDANCE:

Lithia Motors sees FY2018 EPS of $9.50, versus the consensus of $10.51. Lithia... More