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MEDFORD, Ore. , April 1, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its first quarter 2025 earnings will be released before the market opens on Wednesday, April 23, 2025.
Lithia & Driveway, an American automotive dealership group, is now an $8 billion (by market cap) car dealership aggregator. The company has increased its dividend for 15 consecutive years, with a 10-year dividend growth rate of 13.1%. Lithia & Driveway increased its revenue from $7.9 billion in FY 2015 to $36.2 billion in FY 2024, a compound annual growth rate of 18.4%.
LAD acquires Elk Grove Subaru in California to expand its presence in the Southwest region and boosts its share repurchase authorization by $350 million.
MEDFORD, Ore. , March 4, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced the acquisition today of Elk Grove Subaru in Elk Grove, California, adding an additional store to its network in the Sacramento area, and continuing to strengthen its density in the Southwest region.
LAD's fourth-quarter 2024 earnings and sales surpass the Zacks Consensus Estimate and revenues rise year-over-year.
Lithia Motors, Inc. (NYSE:LAD ) Q4 2024 Earnings Conference Call February 12, 2025 10:00 AM ET Company Participants Jardon Jaramillo - Senior Director, IR Bryan DeBoer - CEO, President & Director Adam Chamberlain - EVP & COO Tina Miller - SVP & CFO Conference Call Participants Ryan Sigdahl - Craig-Hallum Bret Jordan - Jefferies Rajat Gupta - JPMorgan Chris Bottiglieri - BNP Paribas Jeff Lick - Stephens John Murphy - Bank of America Merrill Lynch Colin Langan - Wells Fargo Ron Josey - Citi David Whiston - Morningstar Operator Greetings, and welcome to the Lithia Motors Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions].
The headline numbers for Lithia Motors (LAD) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Lithia Motors (LAD) came out with quarterly earnings of $7.79 per share, beating the Zacks Consensus Estimate of $7.01 per share. This compares to earnings of $8.24 per share a year ago.
Announces Dividend of $0.53 per Share for Fourth Quarter MEDFORD, Ore. , Feb. 12, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue in company history and the first profitable year for Financing Operations, which includes Driveway Finance Corporation.
Beyond analysts' top -and-bottom-line estimates for Lithia Motors (LAD), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.