Lithia Motors Inc. (LAD) Tops Q2 EPS by 10c

Lithia Motors Inc. (NYSE: LAD) reported Q2 EPS of $1.34, $0.10 better than the analyst estimate of $1.24. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.18 billion.

• otal same store sales increased 11%
• New vehicle same store sales increased 12%
• Used vehicle retail same store sales increased 11%

Lithia Motors Inc. sees Q3 2014 EPS of $1.36-$1.38, versus the consensus of $1.32. Lithia Motors Inc. sees Q3 2014 revenue of $1.2-1.3 million, versus the consensus of $1.25 million.

For earnings history and earnings-related data on Lithia Motors Inc. (LAD) click here.

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