Lithia Motors: Q1 Earnings Insights

Lithia Motors 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.

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.

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.

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