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Lithia Motors & Driveway (LAD) Reports Highest First Quarter Earnings In Company History; Increases Revenue 55% And EPS 195%

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Go back to Lithia Motors & Driveway (LAD) Reports Highest First Quarter Earnings In Company History; Increases Revenue 55% And EPS 195%

Lithia Motors (LAD) Tops Q1 EPS by $1.13, Revenues Beat

April 21, 2021 5:51 AM EDT

Lithia Motors (NYSE: LAD) reported Q1 EPS of $5.89, $1.13 better than the analyst estimate of $4.76. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $3.91 billion.

First quarter 2021 revenue increased 55% to $4.3 billion from $2.8 billion in the first quarter of 2020.First quarter 2021 net income per diluted share was $5.81, a 195% increase from $1.97 per diluted share reported in the first... More