Lithia Motors (LAD) Tops Q3 Earnings Estimates

Lithia Motors (LAD) came out with quarterly earnings of $8.21 per share, beating the Zacks Consensus Estimate of$ 7.59 per share. This compares to earnings of $9.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.17%. A quarter ago, it was expected that this auto dealership chain would post earnings of$ 7.09 per share when it actually produced earnings of $7.87, delivering a surprise of 11%.Over the last four quarters, the c ...