Lithia Motors, Inc.

Equities

LAD

US5367971034

Auto Vehicles, Parts & Service Retailers

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
262.7 ^USD	+1.94%		+0.66%	-20.21%

Apr. 25	Goldman Sachs Adjusts Lithia Motors' Price Target to $300 From $334, Maintains Neutral Rating	MT
Apr. 25	Jefferies Adjusts Lithia Motors' Price Target to $325 From $350, Maintains Buy Rating	MT

Lithia Motors, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

February 14, 2024 at 05:00 am EST

Lithia Motors, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 458.5 million compared to USD 418.9 million a year ago. Revenue was USD 31,042.3 million compared to USD 28,187.8 million a year ago.

Net income was USD 1,000.8 million compared to USD 1,251 million a year ago. Diluted earnings per share from continuing operations was USD 36.29 compared to USD 44.17 a year ago.

Latest news about Lithia Motors, Inc.

Goldman Sachs Adjusts Lithia Motors' Price Target to $300 From $334, Maintains Neutral Rating	Apr. 25	MT
Jefferies Adjusts Lithia Motors' Price Target to $325 From $350, Maintains Buy Rating	Apr. 25	MT
Wells Fargo Adjusts Lithia Motors' Price Target to $248 From $290, Keeps Equalweight Rating	Apr. 25	MT
Craig-Hallum Adjusts Lithia Motors' Price Target to $310 From $350, Keeps Buy Rating	Apr. 25	MT
Pinewood Technologies profit up in first year since strategic overhaul	Apr. 25	AN
Transcript : Lithia Motors, Inc., Q1 2024 Earnings Call, Apr 24, 2024	Apr. 24
Lithia Motors' Q1 Earnings Decline, Revenue Rises; Shares Fall Pre-Bell	Apr. 24	MT
Earnings Flash (LAD) LITHIA MOTORS Reports Q1 EPS $6.11, vs. Street Est of $7.88	Apr. 24	MT
Lithia Motors, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 24	CI
Lithia Motors, Inc. Approves Dividend for the First Quarter of 2024, Payable on May 24, 2024	Apr. 24	CI
Lithia Motors to Cut Around 250 Jobs in UK, Shut Down CarStore Used-Car Business	Apr. 23	MT
Lithia Motors to Cut Jobs at UK Dealerships, Shut Down Used-Car Marketplace CarStore, Financial Times Says	Apr. 23	MT
BofA Securities Raises Price Target on Lithia Motors to $385 From $380, Maintains Buy Rating	Apr. 10	MT
Topps Tiles falls again; Gulf Marine rises	Apr. 05	AN
Pinewood Technologies confirms GBP358 million return plan	Apr. 05	AN
Shell to book USD600 million first-quarter write-off	Apr. 05	AN
AutoNation considering bid of Inchcape UK assets	Apr. 02	AN
Morgan Stanley Raises Price Target on Lithia Motors to $230 From $220, Maintains Underweight Rating	Feb. 29	MT
Lithia Motors, Inc. Enters Fifth Amendment to Its Fourth Amended and Restated Loan Agreement	Feb. 27	CI
Lithia Motors Acquires Carousel Motor Group	Feb. 27	MT
Lithia Motors, Inc. completed the acquisition of Carousel Motor Group, LLC from Pohlad Companies, Inc.	Feb. 26	CI
US auto retailers' falling new vehicle margins compress quarterly profits	Feb. 14	RE
Transcript : Lithia Motors, Inc., Q4 2023 Earnings Call, Feb 14, 2024	Feb. 14
Tranche Update on Lithia Motors, Inc.'s Equity Buyback Plan announced on March 3, 2016.	Feb. 14	CI
Stocks Rise Pre-Bell Following Key Inflation Report; Asia Mixed, Europe Gains	Feb. 14	MT

Chart Lithia Motors, Inc.

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Company Profile

Lithia Motors, Inc. is a global automotive retailer. The Company is engaged in providing an array of products and services throughout the vehicle ownership lifecycle. The Company offers convenient experiences through its comprehensive network of physical locations, e-commerce platforms, captive finance solutions and other synergistic adjacencies. The Company operates through two segments: Vehicle Operations and Financing Operations. Its Vehicle Operations consist of all aspects of its auto merchandising and service operations, including its retail automotive, recreational vehicles, and motorcycle franchises that sell new vehicles, used vehicles, parts, repair and maintenance services, and vehicle finance and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles from its Vehicle Operations. The Company operates approximately 482 locations representing 51 brands across the United States, United Kingdom, and Canada.

Sector

Auto Vehicles, Parts & Service Retailers

Calendar

2024-07-16 - Q2 2024 Earnings Release (Projected)

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Ratings for Lithia Motors, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

262.7 USD

Average target price

328 USD

Spread / Average Target

+24.86%

Consensus

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