Lithia Motors & Driveway (LAD) Tops Q1 EPS by $1.88

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Go back to Lithia Motors & Driveway (LAD) Tops Q1 EPS by $1.88

LITHIA & DRIVEWAY (LAD) INCREASES REVENUE 54%, EPS 99%, AND ADJUSTED EPS 103%, RECORD FIRST QUARTER PERFORMANCE

April 20, 2022 5:00 AM EDT

INCREASES DIVIDEND TO $0.42 PER SHARE FOR FIRST QUARTER

MEDFORD, Ore., April 20, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest first quarter revenue and earnings per share in company history.

First quarter 2022 revenue increased 54% to $6.7 billion from $4.3 billion in the first quarter of 2021.

First quarter 2022 net income attributable to LAD per diluted share was $11.55, a 99% increase from $5.81 per diluted share reported in the first quarter of 2021. Adjusted first quarter 2022 net income attributable to LAD... More