Lithia Motors (LAD) Q1 Earnings and Revenues Lag Estimates

Lithia Motors (LAD) came out with quarterly earnings of $7.66 per share, missing the Zacks Consensus Estimate of$7.77 per share. This compares to earnings of $6.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.42$7.01 per share when it actually produced earnings of $7.79, delivering a surprise of 11.13%.Over the last four quarters, t ...