LAD News and Press, Lithia Motors Inc. From 10/21/20

Lithia Motors (LAD): Q3 Non-GAAP EPS of $6.89 beats by $0.67; GAAP EPS of $6.86 beats by $0.64.Revenue of $3.62B (+8.7% Y/Y) beats by $40M.Press Release For further details see: Lithia Motors EPS beats by $0.67, beats on revenue

Declares Dividend of $0.31 Per Share for Third Quarter Lithia Motors, Inc. (NYSE: LAD) today reported the highest third quarter revenue and earnings per share in company history. Third quarter 2020 revenue increased 9% to $3.6 billion from $3.3 billion in the third quart...

Shift Technologies, an online used car platform with over 1,000 cars in inventory, recently went public via SPAC. Ecommerce is going to take over 50% of used car sales within a decade, according to industry experts. Shift, with its Lithia Motors partnership, great customer reviews...

Lithia Motors (NYSE:LAD) is scheduled to announce Q3 earnings results on Wednesday, October 21st, before market open.The consensus EPS Estimate is $6.22 (+83.5% Y/Y) and the consensus Revenue Estimate is $3.58B (+7.5% Y/Y).Over the last 2 years, LAD has beaten EPS estimates 88% of the time an...

Earnings Season starts in earnest this week. Don't get blindsided by a stock you own that is reporting this week. That's a rookie mistake. Earnings reports are one of the best ways to learn about a sector's prospects and how it may move a stock that you are trading or speculating in. ...

Lithia Motors, Inc. (NYSE: LAD) announced its third quarter 2020 earnings will be released before the market opens on Wednesday, October 21, 2020. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time. How to Participate ...

Lithia Motors (LAD) has acquired Latham Ford, serving the Albany, NY, metropolitan area and expected to add $55M in annualized revenue, bringing company's total network expansion to over $1.75B in revenue thus far in 2020. This acquisition was funded using free cash flow and existing on-...

Lithia Motors, Inc. (NYSE: LAD) announced today the purchase of Latham Ford serving the Albany, NY, metropolitan area. “We are pleased to add Latham Ford to the Lithia Family, further strengthening our ability to serve our communities in the Northeastern United States,&#x...

Craig-Hallum analyst Ryan Sigdahl raised the PT on Lithia Motors (LAD) to $300 from $260.The company has B+ Profitability Grade, dig deeper into the margins here.He maintains a Buy rating and has long been supporter of the company's strategy and the stock, and it remains one of his top l...

Lithia Motors (LAD) has priced its public offering of 3,181,819 Class A common shares at $220.00/share.Underwriters' over-allotment is an additional 477,272 shares.Closing date is October 5. In addition, the company has priced its private offering of $550M (upsized from $500M) of 4.375% senio...