Lithia Motors Inc Class A
LAD: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <>> | LOCK|qy$@X | LOCK|$y!NZ& |
Lithia Earnings: Shareholder Returns Continue on a Cheap Stock
Lithia Motors’ third-quarter adjusted diluted earnings per share of $10.34 beat the $9.77 LSEG consensus, and the company announced a 7% increase to its quarterly dividend to $0.75 per share. Management said share repurchases remain attractive, and third-quarter buybacks totaled about $84.9 million.
