Lithia Motors: Q3 Earnings Insights

Lithia Motors LAD reported its Q3 earnings results on Wednesday, October 19, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.

Lithia Motors missed estimated earnings by 8.51%, reporting an EPS of $11.08 versus an estimate of $12.11.

Revenue was up $1.13 billion from the same period last year.

Last quarter the company beat on EPS by $0.12 which was followed by a 2.9% drop in the share price the next day.

Here's a look at Lithia Motors's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	12.06	10.08	10.14	9.28
EPS Actual	12.18	11.96	11.39	11.21
Revenue Estimate	7.27B	6.26B	6.15B	5.80B
Revenue Actual	7.24B	6.71B	6.31B	6.17B

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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