Compared to Estimates, Lithia Motors (LAD) Q2 Earnings: A Look at Key Metrics

Lithia Motors (LAD) reported $9.23 billion in revenue for the quarter ended June 2024, representing a yearover-year increase of 13.8%. EPS of$ 7.87 for the same period compares to $10.91 a year ago. The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of$ 9.2 billion. With the consensus EPS estimate being $7.09, the EPS surprise was +11.00%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...