Lithia Motors (LAD) Reports Q2 Earnings: What Key Metrics Have to Say

Core Insights - Lithia Motors reported revenue of $9.58 billion for the quarter ended June 2025, reflecting a 3.8% increase year-over-year and a surprise of +0.52% over the Zacks Consensus Estimate of $9.53 billion [1] - Earnings per share (EPS) reached $10.24, compared to $7.87 in the same quarter last year, resulting in an EPS surprise of +4.7% against the consensus estimate of $9.78 [1] Financial Performance Metrics - New vehicle retail unit sales were 94,144, below the three-analyst average estimate of 98,009 [4] - Used vehicle retail unit sales totaled 109,053, also below the three-analyst average estimate of 112,524 [4] - The average selling price for new vehicles was $47,782, compared to the average estimate of $48,329.15 [4] - The average selling price for used vehicles was $28,379, exceeding the three-analyst average estimate of $27,338.08 [4] - Fleet and other revenue was $209.5 million, below the five-analyst average estimate of $241.66 million, representing a year-over-year decline of -13.1% [4] - Finance and insurance revenue was $373.8 million, slightly below the average estimate of $388.18 million, but showed a year-over-year increase of +3.6% [4] - Used vehicle wholesale revenue reached $383.1 million, surpassing the five-analyst average estimate of $338.23 million, marking a +32.3% year-over-year increase [4] - Used vehicle retail revenue was $3.09 billion, matching the five-analyst average estimate, with a year-over-year increase of +3.6% [4] - Service, body and parts/aftersales revenue was $1.02 billion, aligning with the average estimate [4] - New vehicle revenue was $4.5 billion, below the five-analyst average estimate of $4.78 billion, reflecting a +2.2% year-over-year increase [4] - Same store operating metrics for service, body and parts/aftersales revenue were $998 million, exceeding the two-analyst average estimate of $903.52 million, with a +28.3% year-over-year change [4] - Same store operating metrics for finance and insurance revenue were $366 million, slightly below the two-analyst average estimate of $368.42 million, showing a +16.7% year-over-year increase [4] Stock Performance - Lithia Motors' shares have returned -9.1% over the past month, contrasting with the Zacks S&P 500 composite's +3.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]