By Denny Jacob
Lithia & Driveway logged an increase to its top- and bottom-line in the fourth quarter.
The automotive retailer logged net income of $216.2 million, or $8.12 a share, compared to $213.4 million, or $7.74 a share, a year earlier.
Stripping out certain one-time items, earnings came in at $7.79 a share. Analysts polled by FactSet expected $7.17 a share.
Revenue rose to $9.22 billion from $7.67 billion. Analysts polled by FactSet expected $9.08 billion.
Lithia said its fourth-quarter revenue was the highest in its company history.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
February 12, 2025 06:21 ET (11:21 GMT)
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