Lithia Motors Inc expected to post earnings of $7.60 a share - Earnings Preview

Reuters
22 Oct 2024

* Lithia Motors Inc is expected to show a rise in quarterly revenue when it reports results on October 23 for the period ending September 30 2024

* The Medford Oregon-based company is expected to report a 14.7% increase in revenue to $9.497 billion from $8.28 billion a year ago, according to the mean estimate from 11 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Lithia Motors Inc is for earnings of $7.60 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts had fallen by about 0.1% in the last three months. ​

* Wall Street's median 12-month price target for Lithia Motors Inc is 345.00​, above​ its last closing price of $313.88. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 6.97 7.03 7.87 Beat 12

Mar. 31 0001 7.77 7.89 6.11 Missed -22.6

Jan. 1 0001 8.22 8.24 8.24 Met 0.1​

Sep. 30 2023 10.23 10.08 9.25 Missed -8.2

​​Jun. 9.32 9.26 10.91 Beat 17.8

30 2023

Mar. 31 2023 8.74 8.77 8.44 Missed -3.8​

Jan. 1 0001 10.05 10.10 9.05 Missed -10.4

Sep. 30 2022 11.91 11.84 11.08 Missed -6.4

This summary was machine generated October 21 at 16:08 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10