Lithia Motors (LAD) Q3 Earnings and Revenues Beat Estimates

Lithia Motors (LAD) came out with quarterly earnings of $9.5 per share, beating the Zacks Consensus Estimate of $8.53 per share. This compares to earnings of $8.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +11.37%. A quarter ago, it was expected that this auto dealership chain would post earnings of $9.78 per share when it actually produced earnings of $10.24, delivering a surprise of +4.7%.Over the last four quarters, t ...