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home / articles / LAD - Lithia Motors Navigates Mixed Q4 Results: Sales Up But Fall Short Of Expectations Steady EPS And New Dividend | Benzinga


LAD - Lithia Motors Navigates Mixed Q4 Results: Sales Up But Fall Short Of Expectations Steady EPS And New Dividend | Benzinga

Lithia Motors Inc (NYSE:LAD) reported a fourth-quarter FY23 sales growth of 10.5% year-on-year to $7.67 billion, missing the analyst consensus of $7.95 billion

Adjusted EPS of $8.24 was in line with the analyst consensus.

New vehicle retail revenues increased by 21.4% Y/Y and used vehicle retail revenues improved by 1.8% Y/Y.

Driveway averaged nearly 2.8 million ...

Full story available on Benzinga.com

Stock Information

Company Name: Lithia Motors Inc.
Stock Symbol: LAD
Market: NYSE
Website: lithiainvestorrelations.com

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