Lithia Motors

Lithia Motors, Inc. engages in the operation of automotive franchises and retail of new and used vehicles. It operates through the following segments: Domestic, Import and Luxury. The Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by Chrysler, General Motors, and Ford. The Import segment consists of automotive franchises that sell new vehicles manufactured by Honda, Toyota, Subaru, Nissan, and Volkswagen. The Luxury segment includes retail automotive franchises that sell new vehicles manufactured by BMW, Mercedes-Benz, and Lexus. The company was founded by Walt DeBoer and Sidney B. DeBoer in 1946 and is headquartered in Medford, OR.

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Earnings data Q3 2024

Earnings data Q4 2024

Lithia Motors posts record revenue growth, eyes profitability in 2023

Lithia Motors (LAD) delivered strong financial performance in 2022, with robust revenue growth and strategic acquisitions driving expansion and profitability.
Challenges such as declining new vehicle GPUs and affordability issues in the value auto segment require targeted strategies for sustainable growth.
Opportunities lie in Driveway Finance's growth potential, market recovery in used car volumes, and cost-saving initiatives, positioning LAD for continued success.
Overall, LAD's focus on balancing growth and returns, alongside a strategic outlook for 2023, underscores its commitment to shareholder value and sustainable expansion.

Lithia Motors & Driveway report Q1 growth, eye $50B revenue by 2025

Lithia Motors & Driveway show resilience with revenue growth and strategic acquisitions. DFC's focus on high credit quality contracts and profitability by 2024. Company optimistic about achieving ambitious revenue and EPS targets by 2025.

Lithia Motors reports strong Q2 earnings, eyes $50B revenue by 2025

Lithia Motors is on track to meet its 2025 revenue target of $50 billion, emphasizing shareholder value and strategic acquisitions. The company faces challenges in inventory management and pricing pressures but sees opportunities in sustainable vehicle sales and e-commerce growth.

Lithia Motors reports robust Q3 earnings, eyes tech-driven growth

Lithia Motors and Driveway show strong revenue growth and profitability in Q3. Focus on enhancing customer experience and expanding market share through tech investments.
Challenges include maintaining credit standards, variable sales performance, and increasing Driveway's post-sale business. Opportunities lie in pending acquisitions, tech investments, and customer experience.
Despite challenges, Lithia remains confident in guidance and aims to achieve 2025 targets. The company's performance and strategic focus position it well for future growth and market share gains.

Lithia Motors reports robust Q4 earnings, eyes $50B revenue target

Lithia Motors' strong financial performance in Q4 and full-year 2023, driven by new vehicle sales and acquisitions, positions the company for continued growth. Challenges in used vehicle sales and GPU dynamics require strategic adjustments for profitability. Opportunities lie in achieving revenue targets, enhancing customer experiences, and improving leasing penetration.

Lithia Motors reports robust Q1 revenue growth and profitability strategies

Lithia Motors delivered strong revenue growth and maintained a focus on profitability through cost-cutting measures and strategic initiatives. Driveway's progress towards profitability and online sales channel success are notable highlights.
Challenges include managing SG&A costs, optimizing operations in the U.K., and ensuring efficient marketing spend for sustained growth. Opportunities exist in enhancing profitability, customer experience, and operational efficiency.
Overall, Lithia Motors and Driveway are poised for growth through market share expansion, cost reductions, and customer-centric strategies. Balancing challenges with opportunities will be crucial for sustained success in the future.

Lithia Motors excels in Q2 with record revenue and strategic investments

Lithia Motors delivered strong financial performance, focusing on profitability and operational efficiency. Strategic investments and acquisitions are key drivers of growth, while challenges in balancing acquisitions and buybacks exist. Opportunities lie in optimizing performance and enhancing customer experiences for global expansion.

Lithia Motors reports record revenue and cost savings in Q3

Lithia Motors delivered a strong Q3 performance with record revenue, cost savings, and profitability, showcasing effective financial management
The company's focus on operational efficiencies, acquisitions, and shareholder value creation positions it well for future growth and success
While facing challenges in inventory strategies and market uncertainties, Lithia Motors has opportunities to drive growth through cost savings and operational enhancements

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Lithia (LAD) reports better-than-expected fourth-quarter results and approves a dividend of 50 cents per share, to be paid on Mar 22, 2024, to shareholders of record as of Mar 9, 2024.

Lithia (LAD) Q4 Earnings Surpass Estimates, Decrease Y/Y

Lithia Motors, Inc. (LAD) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for Lithia Motors (LAD) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Lithia Motors (LAD) Q4 Earnings

Lithia Motors (LAD) came out with quarterly earnings of $8.24 per share, beating the Zacks Consensus Estimate of $8.11 per share. This compares to earnings of $9.05 per share a year ago.

Lithia Motors (LAD) Surpasses Q4 Earnings Estimates

Announces Dividend of $0.50 per Share for Fourth Quarter MEDFORD, Ore. , Feb. 14, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue in company history.

Lithia & Driveway (LAD) Reports Record Fourth Quarter Revenue of $7.7 billion, 10% Increase

Evaluate the expected performance of Lithia Motors (LAD) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Stay Ahead of the Game With Lithia Motors (LAD) Q4 Earnings: Wall Street's Insights on Key Metrics

Lithia Motors is an integrated car retail company with multiple services and locations across the US, Canada, and the UK. This is a highly integrated business that sells many car-related products and services ranging from car parts to car insurance in addition to selling cars. The company has experienced market share growth in both new and used car markets through acquisitions, organic growth, and upselling to existing customers.

Lithia Motors: Strong Growth At A Cheap Price

MEDFORD, Ore. , Feb. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announces today that it has completed the transaction with Pendragon PLC ("Pendragon", to be renamed Pinewood Technologies Group PLC "Pinewood Technologies") acquiring the UK motor and fleet management divisions of Pendragon, the UK's third largest automotive dealership group and forming a strategic partnership with Pinewood Technologies.

Lithia & Driveway Enters into a Strategic Partnership with Pinewood Technologies and Completes Acquisition for Pendragon PLCs Fleet Management and UK Motor Divisions

MEDFORD, Ore. , Jan. 23, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD), one of the largest global automotive retailers, has promoted Adam Chamberlain to Chief Customer Officer (CCO).

LITHIA & DRIVEWAY NAMES ADAM CHAMBERLAIN CHIEF CUSTOMER OFFICER

MEDFORD, Ore. , Jan. 17, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its fourth quarter 2023 earnings will be released before the market opens on Wednesday, February 14, 2024.

Lithia & Driveway (LAD) Schedules Release of Fourth Quarter 2023 Results

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While the Zacks Auto Retail & Whole Sales industry's rank paints a lackluster picture, companies like LAD, GPI and AN seem better positioned to navigate the challenges presented by the current market conditions.

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Lithia Motors (LAD) reported earnings 30 days ago. What's next for the stock?

Why Is Lithia Motors (LAD) Up 10.2% Since Last Earnings Report?

Car dealerships, including Lithia Motors and Asbury Automotive, have fallen out of favor with investors due to pandemic-related issues in the automotive industry. Asbury Automotive is more profitable than Lithia Motors, while Lithia has been growing at a faster rate. Both companies are trading at significant discounts to historical valuations, presenting a buying opportunity for investors.

Buy Asbury And Lithia To Profit From A Return To Normal In The Car Market

Lithia Motors showcased strong financial performance in Q3 2023, with increased revenues and impressive adjusted diluted EPS. The company's sales trends in the new vehicle and after-sales sectors are encouraging, despite challenges in gross profit per unit for new vehicles. LAD's focus on digital engagement and e-commerce, along with its strategic financial direction, sets it apart from its peers and indicates promising future growth.

Lithia Motors, Inc.: Robust Revenue Growth, Digital Dominance, And Strategic Vision For LT Growth

Lithia's (LAD) third-quarter earnings miss estimates. Revenues increase by 13.5% year over year.

Lithia (LAD) Q3 Earnings Miss Estimates, Revenues Beat

Lithia Motors, Inc. (NYSE:LAD ) Q3 2023 Results Conference Call October 25, 2023 10:00 AM ET Company Participants Amit Marwaha - Director of Investor Relations Bryan DeBoer - President and CEO Chris Holzshu - Executive Vice President and COO Tina Miller - Senior Vice President and CFO Chuck Lietz - Senior Vice President of Driveway Finance Conference Call Participants Daniel Imbro - Stephens John Murphy - Bank of America Rajat Gupta - JPMorgan Ryan Sigdahl - Craig-Hallum Ron Josey - Citi Colin Langan - Wells Fargo David Whiston - Morningstar Operator Good morning. And welcome to the Lithia & Driveway Third Quarter 2023 Conference Call [Operator Instructions].

Lithia Motors, Inc. (LAD) Q3 2023 Earnings Call Transcript

Lithia Motors (LAD) came out with quarterly earnings of $9.25 per share, missing the Zacks Consensus Estimate of $9.97 per share. This compares to earnings of $11.08 per share a year ago.

Lithia Motors (LAD) Q3 Earnings Lag Estimates

Announces Dividend of $0.50 per Share for Third Quarter MEDFORD, Ore. , Oct. 25, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest third quarter revenue in company history.

Lithia & Driveway (LAD) Reports Record Third Quarter Revenue of $8.3 Billion, 13% Increase

Lithia Motors (LAD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lithia Motors (LAD) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Lithia Motors (LAD) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Lithia Motors (LAD) Loses -10.88% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Lithia (LAD) elevates its offer for Pendragon by 42%, igniting a fierce bidding war with AutoNation and the Penske and Hedin alliance. All these companies are vying to carve out a robust footprint in UK's auto retail landscape.

Lithia (LAD) Sweetens Bid in Heated Pendragon Buyout Battle

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MEDFORD, Ore. , Oct. 3, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its third quarter 2023 earnings will be released before the market opens on Wednesday, October 25, 2023.

Lithia & Driveway (LAD) Schedules Release of Third Quarter 2023 Results

Total cash consideration payable increased by 42% Expected dividend to Pendragon shareholders of 24.5 pence, a 49% increase Implied total initial value to Pendragon shareholders of 35.4 pence per Pendragon share Preliminary commitments to Lithia from multiple major UK automotive retailers to adopt the Pinewood DMS Significant further upside from the strategic partnership including North American JV Strategic benefits for Lithia with delivery on longer-term growth objectives Planned investment will be financed using existing on-balance sheet capacity MEDFORD, Ore. , Oct. 2, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD, "Lithia") announced today that it has signed a revised agreement on improved terms with the Board of Directors of Pendragon plc ("Pendragon") to enter into a strategic partnership with Pinewood Technologies ("Pinewood Tech") and to acquire Pendragon's UK motor division and vehicle management division.

News for Lithia Motors Stock (LAD)