Profile
Sector:
Consumer CyclicalIndustry:
Auto & Truck DealershipsCountry:
United StatesIPO:
18 December 1996Website:
http://www.lithiadriveway.comNext earnings report:
14 February 2025Last dividends:
09 August 2024Next dividends:
08 November 2024Price
after hours | Fri, 01 Nov 2024 22:24:34 GMTAnalysts recommendations
Institutional Ownership
LAD Latest News
LAD's third-quarter earnings beat the Zacks Consensus Estimate while revenues miss the same.
Lithia Motors, Inc. (NYSE:LAD ) Q3 2024 Earnings Conference Call October 23, 2024 10:00 AM ET Company Participants Jardon Jaramillo - Senior Director, Investor Relations Bryan DeBoer - President and Chief Executive Officer Tina Miller - Senior Vice President and Chief Financial Officer Adam Chamberlain - Chief Operating Officer Chuck Lietz - Senior Vice President, Driveway Finance Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group John Murphy - Bank of America Rajat Gupta - JPMorgan Chris Bottiglieri - BNP Jeff Lick - Stephens Douglas Dutton - Evercore Michael Ward - Freedom Capital Brett Jordan - Jefferies Colin Langan - Wells Fargo Operator Greetings, and welcome to Lithia Motors Third Quarter 2024 Earnings Conference Call. At this time, all participants are on a listen-only-mode.
The headline numbers for Lithia Motors (LAD) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Lithia Motors (LAD) came out with quarterly earnings of $8.21 per share, beating the Zacks Consensus Estimate of $7.59 per share. This compares to earnings of $9.25 per share a year ago.
Announces Dividend of $0.53 per Share for Third Quarter MEDFORD, Ore. , Oct. 23, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest third quarter revenue in company history and the second profitable quarter for Financing Operations, which includes Driveway Finance Corporation.
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.
MEDFORD, Ore. , Oct. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its third quarter 2024 earnings will be released before the market opens on Wednesday, October 23, 2024.
Lithia & Driveway, an American automotive dealership group, is now an $8 billion (by market cap) car dealership retailer. The company has increased its dividend for 15 consecutive years, with a 10-year dividend growth rate of 14.6%. LAD advanced its revenue from $5.4 billion in FY 2014 to $31 billion in FY 2023, a compound annual growth rate of 21.4%.
Lithia Motors (LAD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
MEDFORD, Ore. , Sept. 10, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today it has continued to expand its footprint in the highly profitable U.S. Southeast Region with the purchase of three stores from the Duval Motor Company in Jacksonville and Gainesville, Florida.
What type of business is Lithia Motors?
Lithia Motors, Inc. is one of the largest retail car dealers in the United States, offering a wide range of domestic and import car franchises. Walt DeBoer founded the company in 1946 as a Chrysler-Plymouth-Dodge dealership in Ashland. The headquarters is located in Medford, Oregon. The company offers a wide range of products and services, including new and used cars, financial and insurance products, as well as car repair and maintenance services. Currently, Lithia Motors, Inc. has over 180 stores in all states of the USA, offering more than 30 brands of local and import cars. The company also actively promotes itself online on more than 200 websites.
What sector is Lithia Motors in?
Lithia Motors is in the Consumer Cyclical sector
What industry is Lithia Motors in?
Lithia Motors is in the Auto & Truck Dealerships industry
What country is Lithia Motors from?
Lithia Motors is headquartered in United States
When did Lithia Motors go public?
Lithia Motors initial public offering (IPO) was on 18 December 1996
What is Lithia Motors website?
https://www.lithiadriveway.com
Is Lithia Motors in the S&P 500?
No, Lithia Motors is not included in the S&P 500 index
Is Lithia Motors in the NASDAQ 100?
No, Lithia Motors is not included in the NASDAQ 100 index
Is Lithia Motors in the Dow Jones?
No, Lithia Motors is not included in the Dow Jones index
When was Lithia Motors the previous earnings report?
No data
When does Lithia Motors earnings report?
The next expected earnings date for Lithia Motors is 14 February 2025