Lithia Motors Inc Class A
LAD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >f! | LOCK|@GPs | LOCK|wL#FbZ |
Lithia Earnings: Profit Acceleration Just Getting Started
Lithia reported third-quarter adjusted diluted earnings per share of $9.50, up 16.7% year over year, and same-store sales rose 7.7%. Growth came from all segments, led by used vehicle revenue up 11.8%. Lithia also repurchased 5.1% of its stock in the quarter at $312 per share.
