Lithia Motors LAD reported its Q3 earnings results on Wednesday, October 19, 2022 at 05:00 AM.
Here's what investors need to know about the announcement.
Earnings
Lithia Motors missed estimated earnings by 8.51%, reporting an EPS of $11.08 versus an estimate of $12.11.
Revenue was up $1.13 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 2.9% drop in the share price the next day.
Here's a look at Lithia Motors's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 12.06 | 10.08 | 10.14 | 9.28 |
EPS Actual | 12.18 | 11.96 | 11.39 | 11.21 |
Revenue Estimate | 7.27B | 6.26B | 6.15B | 5.80B |
Revenue Actual | 7.24B | 6.71B | 6.31B | 6.17B |
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.
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