Compared to Estimates, Lithia Motors (LAD) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2024, Lithia Motors (LAD) reported revenue of $8.56 billion, up 22.7% over the same period last year. EPS came in at $6.11, compared to $8.44 in the year-ago quarter.The reported revenue represents a surprise of +0.50% over the Zacks Consensus Estimate of $8.51 billion. With the consensus EPS estimate being $7.85, the EPS surprise was -22.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...