Lithia Q3 EPS of $13.22 Crushes $9.77 Estimate as Revenue Tops $9.95B
LAD sits 34% above its 52-week low of $239.78.
Summary
Lithia reported Q3 adjusted EPS of $13.22, well above the $9.77 consensus and up from $9.50 a year ago. Revenue rose 2.8% to $9.95 billion, beating the $9.73 billion estimate, and net income came in at $291.1 million. This follows the 8-K filed today confirming the beat, a 7% dividend raise, and a CEO transition to Bryan DeBoer. The quarter extends a run of beats after the Q4 2025 miss, though eight analysts had cut estimates in the prior 30 days, making the size of the beat notable. Shares had lost 9.9% year to date heading into the print, and the median price target of $409 sits well above the last close.
At the time of this announcement, LAD was trading at $322.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $6.6B. The 52-week trading range was $239.78 to $439.49. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.