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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.
Lithia Motors (LAD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MEDFORD, Ore. , Jan. 28, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today the acquisition of Stohlman Subaru in Sterling, Virginia growing its presence in the strong performing Mid-Atlantic Region.
Lithia Motors (LAD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
MEDFORD, Ore. , Jan. 16, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced its fourth quarter 2024 earnings will be released before the market opens on Wednesday, February 12, 2025.
Lithia Motors, Group 1 Automotive and Asbury Automotive Group have been highlighted in this Industry Outlook article.
Despite grim industry prospects, auto retail and wholesale stocks like LAD, GPI & ABG are set to benefit from digital efforts and strategic acquisitions.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Lithia Motors has seen a 37.2% stock increase since May 2024, outperforming the S&P 500's 13.4% gain. Despite recent appreciation, Lithia Motors remains attractively priced, though not as cheap as before; downgraded from 'strong buy' to 'buy'. Revenue growth driven by acquisitions, with new vehicle sales up 14% and used vehicle sales up 8.5%, despite some price declines.
Lithia Motors (LAD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.