Lithia Motors (LAD) Misses Q4 EPS by 2c, Revenues Beat

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Go back to Lithia Motors (LAD) Misses Q4 EPS by 2c, Revenues Beat

Lithia Reports Record Full Year 2019 Revenues and Earnings Per Share

February 12, 2020 7:00 AM EST

Declares Dividend of $0.30 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 2019 revenue increased 10% to a record $3.3 billion from $3.0 billion in the fourth quarter of 2018.

Fourth quarter 2019 net income per diluted share was $2.89, a 14% increase over $2.54 per diluted share reported in the fourth quarter of 2018. Adjusted fourth quarter 2019 net income per diluted share was $2.95, a 15% increase compared to adjusted net income of $2.57 per diluted... More