Lithia Motors Inc Class A
LAD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|G< | LOCK|qM$y | LOCK|P$%Th& |
Lithia Earnings: Firing on All Cylinders
Lithia's stock rose about 20% intraday on July 29 after the company reported adjusted second-quarter diluted earnings per share up 9% year over year to $10.03, well above the $8.78 LSEG consensus. The company also raised its quarterly dividend by 23% to $0.70 per share.
