Lithia Reports Record Second Quarter 2019 Results and Same Store Increases in All Business Lines

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Lithia Motors (LAD) Tops Q2 EPS by 14c, Revenues Beat

July 24, 2019 7:03 AM EDT

Lithia Motors (NYSE: LAD) reported Q2 EPS of $2.95, $0.14 better than the analyst estimate of $2.81. Revenue for the quarter came in at $3.22 billion versus the consensus estimate of $3.18 billion.

Second Quarter-over-Quarter Operating Highlights:

Total income from operations increased 7.6%Total same store sales... More