LAD has purchased Elk Grove Subaru in California to grow its presence in the Southwest area and has increased its share repurchase authorization by $350 million.
MEDFORD, Ore., March 4, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) revealed today that it has purchased Elk Grove Subaru in Elk Grove, California. This acquisition expands its presence in the Sacramento area and helps to enhance its operations in the Southwest region.
LAD's earnings and sales for the fourth quarter of 2024 exceed the Zacks Consensus Estimate, and their revenues have increased compared to the previous year.
Lithia Motors, Inc. (NYSE:LAD) will hold its Q4 2024 Earnings Conference Call on February 12, 2025, at 10:00 AM ET. The call will feature company representatives including Jardon Jaramillo, Bryan DeBoer, Adam Chamberlain, and Tina Miller. Analysts from various financial institutions will also participate in the call.
Lithia Motors (LAD) reported quarterly earnings of $7.79 per share, which is higher than the Zacks Consensus Estimate of $7.01 per share. However, this is a decrease compared to earnings of $8.24 per share from the same period last year.
Lithia & Driveway (NYSE: LAD) announced a dividend of $0.53 per share for the fourth quarter on February 12, 2025. The company also reported record revenue for the fourth quarter and achieved its first profitable year for its Financing Operations, which includes Driveway Finance Corporation.
Lithia Motors (LAD) has the right mix of factors that could lead to a strong earnings report soon. Be ready for the important expectations.
MEDFORD, Ore., Jan. 28, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) revealed today that it has purchased Stohlman Subaru in Sterling, Virginia, which will expand its operations in the successful Mid-Atlantic Region.
Lithia Motors (LAD) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
MEDFORD, Ore., Jan. 16, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) has announced that it will share its earnings for the fourth quarter of 2024 before the market opens on Wednesday, February 12, 2025.