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Lithia Motors Inc (NYSE: LAD) |
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Price: $307.3700
$-12.01 
-3.760%
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| Day's High:
| $320.51
| Week Perf:
| 0.77 %
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| Day's Low: |
$ 303.89 |
30 Day Perf: |
-11.21 % |
| Volume (M): |
268 |
52 Wk High: |
$ 405.68 |
| Volume (M$): |
$ 82,221 |
52 Wk Avg: |
$308.35 |
| Open: |
$320.51 |
52 Wk Low: |
$243.00 |
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| Market Capitalization (Millions $) |
8,314 |
| Shares
Outstanding (Millions) |
27 |
| Employees |
27,446 |
| Revenues (TTM) (Millions $) |
36,188 |
| Net Income (TTM) (Millions $) |
822 |
| Cash Flow (TTM) (Millions $) |
-526 |
| Capital Exp. (TTM) (Millions $) |
351 |
Lithia Motors Inc
Lithia Motors Inc. is a publicly traded company headquartered in Medford, Oregon with over 200 dealer locations across the United States. The company operates through two segments: Automotive Retailing and Corporate & Other.
The Automotive Retailing segment includes the sale of new and used vehicles along with ancillary products and services such as finance and insurance, vehicle maintenance and repair, and parts and accessories. Lithia's dealerships represent 32 vehicle brands and offer a wide range of cars, trucks, SUVs, and vans.
The Corporate & Other segment includes Lithia's real estate portfolio, which includes dealership properties and other investments in real estate.
Lithia Motors Inc. was founded in 1946 and has grown to become one of the largest automotive retailers in the United States. The company has a strong focus on customer satisfaction and has earned numerous awards for outstanding service, including the J.D. Power Dealer of Excellence Award and the Women's Choice Award.
Lithia's business model includes a focus on growth through acquisition. The company has completed 164 acquisitions since 1996, which has allowed it to expand its geographic footprint and increase its brand offerings. Recently, Lithia has undertaken an aggressive acquisition strategy, with plans to add 45 to 55 dealerships each year.
Lithia is also committed to sustainability and corporate social responsibility. The company has implemented numerous eco-friendly initiatives, such as solar installations and energy-efficient lighting, and it is dedicated to reducing its environmental impact. Lithia is also active in supporting local communities through charitable contributions and volunteer work.
Lithia's financial performance has been strong in recent years. The company reported a revenue of $14.1 billion in 2020, up from $12.1 billion in 2019. Net income was $326 million in 2020, compared to $218 million in 2019. Lithia has consistently delivered positive financial results and has demonstrated the ability to adapt and thrive in a rapidly changing industry.
Company Address: 150 N. Bartlett Street, Medford, 97501 OR
Company Phone Number: 776-6401 Stock Exchange / Ticker: NYSE LAD
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| Stock Performances by Major Competitors |
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| Lithia Motors Inc
Lithia Motors Inc: A Closer Look at Recent Earnings and Market PerformanceLithia Motors Inc., a significant player in the automotive aftermarket sector, recently reported its financial results for the three months ending September 30, 2024. The results reveal a complex narrative of revenue growth countered by a decline in earnings per share (EPS) and net income, raising several questions about the company's performance and strategic direction. Revenue Growth Amid Earnings DeclineFor the reporting period, Lithia Motors Inc. achieved substantial revenue growth, with a notable 11.4% increase to $9.22 billion compared to the same quarter in the previous year. This growth highlights the company's ability to drive sales, despite challenging market conditions. However, this positive revenue performance contrasts sharply with the company's earnings metrics. EPS fell by 17.55% to $7.80, while the bottom line decreased significantly by 15.86%, resulting in a net income of $222.9 million, down from $264.9 million a year earlier.
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| Lithia Motors Inc
Lithia Motors Inc: Analyzing Recent Financial Performance Amid Market Struggles
In the current financial landscape, Lithia Motors Inc (LAD) has found itself trailing the broader market despite reporting increased revenues during the second quarter of 2024. With a revenue increase of 13.806% to $9.23 billion compared to the same period a year ago, one might expect the company to be riding high. However, the reality paints a more complex picture as the company grapples with a notable contraction in its earnings per share (EPS), which dropped by -26.99% to $7.87.
Revenue Growth vs. EPS Decline
At first glance, the figures from the recent financial report are encouraging?the revenue growth stands out in a sector facing challenges. The Automotive Aftermarket sector is experiencing headwinds, including decreasing businesses and revenue struggles; yet, Lithia Motors has managed to elevate its revenue remarkably. However, this growth comes at a cost. The decline in EPS and net income, which fell -28.06% from $301.1 million to $216.6 million, suggests that increased sales have not translated into proportional profit increase.
The discrepancy raises questions about the company's cost structure and operational efficiency. As Lithia Motors invests in driving sales, it appears that expenses have increased, leading to squeezed margins. Furthermore, the net margin has eased to 2.35%, and operating earnings dropped -17.28% to $393.6 million, compacting the operating margin from 5.87% in the second quarter of 2023 to 4.26%.
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| Lithia Motors Inc
Lithia Motors Inc. has certainly had a mixed bag of financial results in its fiscal interval ending March 31, 2024. While the company saw a significant drop in earnings per share compared to the previous year, there was a notable increase in revenue. This can be attributed to the overall challenges faced by the Automotive Aftermarket sector, where many businesses are struggling with declining transactions and revenue.
Despite the decline in bottom-line earnings and operating margin, Lithia Motors Inc. seems to be focusing on improving sales in the first quarter of 2024. This can be seen in the rise in revenue and accounts receivable, indicating a potential increase in demand for their products and services.
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| Lithia Motors Inc
The financial results for Lithia Motors Inc for the fourth quarter of 2023 have shown a mixed bag of outcomes. While there was a slight improvement in revenue of 2.653%, the company experienced a significant contraction in income of -27.38% compared to the same period in the previous year.
The company's revenue for the fourth quarter stood at $7.68 billion with earnings per share at $7.70. However, when compared to its industry peers in the Automotive Aftermarket sector, Lithia Motors Inc lagged behind with a revenue gain of only 5.15% year-over-year.
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| Lithia Motors Inc
In the wake of the fiscal third quarter of 2023, Lithia Motors Inc, a leading automotive aftermarket company, experienced a reduction in its earnings per share (EPS). This concerning development comes despite a respectable increase in revenue during the same period. Let's examine this context against the financial results and performance of Lithia Motors Inc.
EPS Decline and Revenue Growth
During the fiscal third quarter of 2023, Lithia Motors Inc witnessed a significant decline of -20.64% in earnings per share, which fell to $9.46 per share from the previous year's figure of $10.78 per share. On the other hand, the company's revenue exhibited a healthy growth of 13.441%, reaching $8.28 billion from $8.11 billion in the corresponding period a year ago, indicating positive momentum in sales.
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| Per Share |
Current |
| Earnings (TTM) |
29.68 $ |
| Revenues (TTM) |
1337.87 $
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| Cash Flow (TTM) |
- |
| Cash |
-
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| Book Value |
246.94 $
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| Dividend (TTM) |
2.09 $ |
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| Per Share |
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| Earnings (TTM) |
29.68 $
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| Revenues (TTM) |
1337.87 $ |
| Cash Flow (TTM) |
- |
| Cash |
-
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| Book Value |
246.94 $ |
| Dividend (TTM) |
2.09 $ |
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| Vehicle Operations |
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 100.01 % |
of total Revenue |
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2.39% 