Lithia Motors & Driveway (LAD) Reports Q3 Revenue Growth of 70%, Adjusted EPS Growth of 63%

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Lithia Motors (LAD) PT Lowered to $450 at Jefferies

October 21, 2021 7:58 AM EDT

Jefferies analyst Bret Jordan lowered the price target on Lithia Motors (NYSE: LAD) to $450.00 (from $480.00) while maintaining a Buy rating.

The analyst commented, "LAD Q3'21 adj. EPS of $11.21 beat our $11.04 est. and cons. of $9.30 as record new GPUs more than offset... More

Lithia Motors & Driveway (LAD) Tops Q3 EPS by $1.97

October 20, 2021 5:35 AM EDT

Lithia Motors & Driveway (NYSE: LAD) reported Q3 EPS of $11.21, $1.97 better than the analyst estimate of $9.24. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $5.78 billion.

For earnings history and earnings-related data on Lithia Motors & Driveway (LAD) click here.

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