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LADBearishEarningsnews
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Lithia Motors (LAD) Lags Q1 Earnings Estimates

Apr 24, 2024, 8:07 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Lithia Motors had earnings of $6.11 per share, missing estimates and lower than last year. - Quarterly revenues were $8.56 billion, beating estimates and higher than last year. - Stock prices dropped 19.7% this year compared to S&P 500's 6.3% gain. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Lithia Motors had earnings of $6.11 per share, missing estimates and lower than last year.
  • Quarterly revenues were $8.56 billion, beating estimates and higher than last year.
  • Stock prices dropped 19.7% this year compared to S&P 500's 6.3% gain.

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