Lithia Motors (NYSE:LAD) reported quarterly adjusted earnings of $7.79 per share which beat the analyst consensus estimate of $7.24 by 7.6 percent. This is a 5.46 percent decrease over earnings of $8.24 per share from the same period last year. The company reported quarterly sales of $9.22 billion which beat the analyst consensus estimate of $9.10 billion by 1.33 percent. This is a 20.17 percent increase over sales of $7.67 billion the same period last year.
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