Lithia Motors (LAD) Tops Q4 EPS by 40c, Revenues Beat

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Go back to Lithia Motors (LAD) Tops Q4 EPS by 40c, Revenues Beat

LAD Reports Highest Fourth Quarter and Full Year Earnings in Company History

February 3, 2021 5:00 AM EST

Declares Dividend of $0.31 Per Share for Fourth Quarter

MEDFORD, Ore.--(BUSINESS WIRE)-- Lithia Motors & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue and earnings per share in company history.

Fourth quarter 2020 revenue increased 21% to $3.9 billion from $3.3 billion in the fourth quarter of 2019.

Fourth quarter 2020 net income per diluted share was $7.02, a 143% increase from $2.89 per diluted share reported in the fourth quarter of 2019. Adjusted fourth quarter 2020 net income per diluted share was $5.46, an 85% increase compared to adjusted net income of $2.95 per diluted share in the same... More