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home / articles / LAD - Lithia Motors Q3 Performance: Double Digit Revenue Growth Gross Margin Dip And More | Benzinga

LAD - Lithia Motors Q3 Performance: Double Digit Revenue Growth Gross Margin Dip And More | Benzinga

Lithia Motors Inc.

Lithia Motors Inc (NYSE: LAD) reported a third-quarter FY23 sales growth of 13% year-on-year to $8.28 billion, beating the analyst consensus of $8.20 billion. 

Adjusted EPS of $9.25 missed the analyst consensus of $10.08.

New vehicle retail revenues increased by 17.5% Y/Y, and used vehicle retail revenues rose by 6.3%.

Driveway ...

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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