Lithia Motors Inc Class A
LAD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Vt | LOCK|v%<B | LOCK|#Bx^Jm |
Lithia Earnings: Management Frustration With Stock Price Increases Share Buyback Priority
Lithia's second-quarter adjusted diluted EPS rose 30% year over year to $10.24 and beat the $9.24 LSEG consensus. CEO and President Bryan DeBoer expressed frustration on the earnings call regarding the market's focus on quarterly metrics over long-term earnings potential.
