Lithia Motors (LAD) Tops Q4 EPS by 16c, Revenues Miss

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Go back to Lithia Motors (LAD) Tops Q4 EPS by 16c, Revenues Miss

Lithia Reports Record Full Year 2018 Revenues and Earnings Per Share

February 13, 2019 7:00 AM EST

Declares Dividend of $0.29 Per Share for Fourth Quarter

MEDFORD, Ore.--(BUSINESS WIRE)-- Lithia Motors, Inc. (NYSE: LAD) today reported the highest full year revenue and earnings per share in company history.

Fourth quarter 2018 revenue increased 10% to a record $3.0 billion from $2.7 billion in the fourth quarter of 2017.

Fourth quarter 2018 net income per diluted share was $2.54. Fourth quarter 2017 results, which included a $1.31 per diluted share benefit related to the adoption of the Tax Cuts and Jobs Act, was $3.56 per diluted share. Adjusted fourth quarter 2018 net income per diluted share... More