LAD News and Press, Lithia Motors Inc. From 02/28/23

Summary Glenn Greenberg’s 13F portfolio value increased from $2.89B to $3.17B this quarter. Brave Warrior Advisors increased Asbury Automotive while reducing Elevance Health and dropping Valvoline. The largest three positions are Apollo Global, Elevance Health, and Fidelity N...

Summary Seth Klarman’s 13F portfolio value increased from $5.79B to $6.13B this quarter. Baupost Group increased Alphabet and Meta Platforms while dropping Dropbox and Encompass Health. The portfolio continues to be heavily concentrated with the top three positions accounting...

Summary Carvana experienced some of the most disruption and headwinds over the past year. I have discussed CVNA stock several times since we first purchased it in 2019 but want to provide an update given the stock’s decline and negative headlines. The key debate is whether Ca...

Lithia Motors, Inc. (LAD) Q4 2022 Earnings Conference Call February 15, 2023, 10:00 AM ET Company Participants Amit Marwaha - Director, Investor Relations Bryan DeBoer - President and CEO Chris Holzshu - Executive Vice President and COO Tina Miller - Senior Vice Pr...

Lithia & Driveway ( NYSE: LAD ) stock slipped on Wednesday after the company missed on top and bottom line earrings expectations. The Oregon-based dealer and online auto seller notched $9.05 in earnings per share for the quarter, missing estimates by a wide margin. Meanwhi...

Lithia & Driveway ( NYSE: LAD ) declares $0.42/share quarterly dividend , in line with previous. Forward yield 0.6% Payable March 24; for shareholders of record March 10; ex-div March 9. See LAD Dividend Scorecard, Yield Chart, & Dividend Growth. For ...

Lithia & Driveway press release ( NYSE: LAD ): Q4 Non-GAAP EPS of $9.05 misses by $1.21 . Revenue of $7B (+11.1% Y/Y) misses by $80M . New and used unit growth was 5% and 9%, respectively. Total vehicle gross profit per unit of $5,691, down $1,191. Driveway...

Lithia & Driveway (LAD) Increases Revenue 11% and Reports Diluted EPS of $9.00 Lithia & Driveway (LAD) Increases Revenue 11% and Reports Diluted EPS of $9.00 PR Newswire Announces Dividend of $0.42 per Share for Fourth Quarter MEDFORD, Ore. , ...

Lithia & Driveway ( NYSE: LAD ) is scheduled to announce Q4 earnings results on Wednesday, February 15th, before market open. The consensus EPS Estimate is $10.26 (-9.9% Y/Y) and the consensus Revenue Estimate is $7.08B (+12.4% Y/Y). Over the last 2 years, LAD has beaten...

Used car and truck prices marked another monthly decline in the latest CPI report. According to the data , used auto prices fell 1.9% from December 2022 into January 2023, marking the seventh straight sequential drop for the index. As compared to January 2022, used car and truck p...