Lithia Motors (NYSE:LAD) reported its Q1 earnings results on Wednesday, April 20, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Lithia Motors beat estimated earnings by 18.65%, reporting an EPS of $11.96 versus an estimate of $10.08.
Revenue was up $2.36 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.25 which was followed by a 1.6% drop in the share price the next day.
Here's a look at Lithia Motors's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 10.14 | 9.28 | 5.85 | 4.74 |
| EPS Actual | 11.39 | 11.21 | 11.12 | 5.89 |
| Revenue Estimate | 6.15B | 5.80B | 4.99B | 3.88B |
| Revenue Actual | 6.31B | 6.17B | 6.01B | 4.34B |
To track all earnings releases for Lithia Motors visit their earnings calendar here..
This article was generated by Benzinga's automated content engine and reviewed by an editor.
