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Lithia Motors (LAD)
NYSE:LAD
Earnings Data
Report Date
Apr 16, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
7.61Last Year’s EPS
6.11Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: -21.24%
|Next Earnings Date:Apr 16, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a company performing strongly in terms of revenue growth and cost management, with significant improvements in financing operations and new vehicle sales. However, challenges remain in used vehicle sales and aftermarket performance. The sentiment is cautiously optimistic with a focus on future growth opportunities and market share expansion.Company Guidance
During the fourth quarter of the fiscal year 2024, Lithia Motors reported strong financial results, with a notable 20% increase in revenues, reaching a record $9.2 billion. The company achieved an adjusted diluted earnings per share of $7.79, underscoring the effectiveness of its integrated mobility ecosystem. Lithia & Driveway's operational efficiencies led to the first year-over-year operating profit increase in nine quarters, as they realized their $200 million annual cost savings target. The company also saw growth in new unit sales and maintained stable total vehicle gross profit per unit (GPU). Financing Operations contributed to profitability, with a full-year profit of $15 million, driven by a $3.9 billion portfolio balance. Lithia remains focused on growth, aiming for $2 of EPS per $1 billion in revenue, and has plans to enhance customer experiences through strategic investments and partnerships, as well as potential acquisitions targeting $2 billion to $4 billion in future annual acquired revenues.Record Revenue Growth
Lithia & Driveway grew revenues to a record $9.2 billion, marking a 20% increase from Q4 of last year.
SG&A Cost Management Success
The company achieved its cost savings target, realizing $200 million in annual cost savings and achieving two consecutive quarters of absolute sequential decreases in SG&A.
Strong Financing Operations Performance
Financing Operations segment, primarily driven by DFC, reported profitability of $9 million this quarter compared to a loss of $2 million in the same quarter last year, with expectations of continued profitability growth.
Omnichannel Ecosystem Success
The omnichannel ecosystem has driven substantial improvements in customer engagement and unit sales, reinforcing its effectiveness.
Increase in New Vehicle Units
New vehicle units increased 7.4% year-over-year, with particular strength in import manufacturers.
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LAD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LAD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $368.06 | $385.06 | +4.62% |
| Oct 23, 2024 | $303.59 | $334.26 | +10.10% |
| Aug 01, 2024 | $274.95 | $293.96 | +6.91% |
| Apr 24, 2024 | $262.63 | $246.60 | -6.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Lithia Motors (LAD) report earnings?
Lithia Motors (LAD) is schdueled to report earning on Apr 16, 2025, TBA Not Confirmed.
What is Lithia Motors (LAD) earnings time?
Lithia Motors (LAD) earnings time is at Apr 16, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LAD EPS forecast?
LAD EPS forecast for the fiscal quarter 2025 (Q1) is 7.61.
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