Recap: Lithia Motors Q2 Earnings

Lithia Motors (NYSE:LAD) reported its Q2 earnings results on Wednesday, July 20, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Lithia Motors beat estimated earnings by 1.0%, reporting an EPS of $12.18 versus an estimate of $12.06.

Revenue was up $1.23 billion from the same period last year.

Last quarter the company beat on EPS by $1.88 which was followed by a 4.2% drop in the share price the next day.

Here's a look at Lithia Motors's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	10.08	10.14	9.28	5.85
EPS Actual	11.96	11.39	11.21	11.12
Revenue Estimate	6.26B	6.15B	5.80B	4.99B
Revenue Actual	6.71B	6.31B	6.17B	6.01B

To track all earnings releases for Lithia Motors visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.