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Lithia Motors (LAD) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2025-07-29 15:01
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]
Asbury Automotive (ABG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-07-29 14:35
Core Insights - Asbury Automotive Group reported $4.37 billion in revenue for Q2 2025, a 3% year-over-year increase, with an EPS of $7.43 compared to $6.40 a year ago, indicating an EPS surprise of +8.94% against the consensus estimate [1] Financial Performance - Revenue of $4.37 billion was below the Zacks Consensus Estimate of $4.45 billion, representing a surprise of -1.73% [1] - Unit sales for new vehicles were 44,437, slightly below the average estimate of 45,291 [4] - Unit sales for used vehicle retail were 36,233, compared to the average estimate of 36,382 [4] - Average selling price for new vehicles was $51.85 billion, slightly lower than the average estimate of $52.01 billion [4] - Revenues from new vehicles were $2.3 billion, a 6.4% year-over-year increase, compared to the average estimate of $2.31 billion [4] - Revenues from used vehicles were $1.29 billion, a -1.7% change year-over-year, below the average estimate of $1.32 billion [4] - Revenues from parts and service were $601.5 million, a 3.6% year-over-year increase, below the average estimate of $624.93 million [4] - Revenues from finance and insurance net were $182 million, a -5.4% change year-over-year, below the average estimate of $203.25 million [4] - Revenues from used vehicle retail were $1.13 billion, a -3.2% change year-over-year, below the average estimate of $1.15 billion [4] - Revenues from used vehicle wholesale were $156.3 million, a 10.9% year-over-year increase, above the average estimate of $153.27 million [4] Stock Performance - Asbury Automotive shares returned -3.9% over the past month, while the Zacks S&P 500 composite increased by +3.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Compared to Estimates, Asbury Automotive (ABG) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-04-29 15:30
Core Insights - Asbury Automotive Group reported a revenue of $4.15 billion for the quarter ended March 2025, reflecting a decrease of 1.3% year-over-year and falling short of the Zacks Consensus Estimate of $4.4 billion by 5.80% [1] - The company's earnings per share (EPS) was $6.82, down from $7.21 in the same quarter last year, with an EPS surprise of -0.29% against the consensus estimate of $6.84 [1] Financial Performance Metrics - New vehicle unit sales were 41,496, below the average estimate of 43,854 [4] - Used vehicle retail unit sales totaled 35,415, compared to the average estimate of 39,161 [4] - The average selling price for new vehicles was $51.53 billion, exceeding the average estimate of $51.13 billion [4] - Average gross profit per unit for total new vehicles was $3.45 billion, slightly below the average estimate of $3.46 billion [4] - Average gross profit per unit for used vehicle retail was $1.59 billion, surpassing the average estimate of $1.51 billion [4] Revenue Breakdown - Revenues from new vehicles were $2.14 billion, compared to the average estimate of $2.24 billion, representing a year-over-year increase of 3.6% [4] - Revenues from used vehicles were $1.24 billion, below the average estimate of $1.34 billion, showing a year-over-year decline of 8.9% [4] - Parts and service revenues were $587.60 million, compared to the average estimate of $629.90 million, reflecting a year-over-year decrease of 0.5% [4] - Finance and insurance net revenues were $187 million, slightly below the average estimate of $189.02 million, with a year-over-year decline of 1.4% [4] - Retail revenues from used vehicles were $1.08 billion, compared to the average estimate of $1.20 billion, indicating a year-over-year decrease of 9.4% [4] - Wholesale revenues from used vehicles were $156.90 million, slightly below the average estimate of $157.03 million, representing a year-over-year decline of 5.2% [4] Stock Performance - Asbury Automotive shares returned +1.6% over the past month, outperforming the Zacks S&P 500 composite, which declined by -0.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]