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

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