Lithia Reports First Quarter 2020 Results

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Lithia Motors (LAD) Misses Q1 EPS by 4c, Revenues Miss

April 22, 2020 7:01 AM EDT

Lithia Motors (NYSE: LAD) reported Q1 EPS of $2.01, $0.04 worse than the analyst estimate of $2.05. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.93 billion.

First Quarter-over-Quarter Operating Highlights:

Same store new vehicle sales decreased 10.6... More