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Lithia Motors Inc (LAD.N)

LAD.N on New York Stock Exchange

84.23USD
20 Sep 2018
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$0.38 (+0.45%)
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Latest Key Developments (Source: Significant Developments)

Lithia Announces Strategic Partnership With Shift Technologies
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Lithia Motors Inc ::LITHIA ANNOUNCES STRATEGIC PARTNERSHIP WITH SHIFT TECHNOLOGIES.LITHIA MOTORS INC - LITHIA WILL LEAD SHIFT'S SERIES D FUNDRAISING ROUND, INVESTING $54 MILLION, AND BECOME LARGEST SHAREHOLDER.  Full Article

Lithia Q2 Earnings Per Share $2.44
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Lithia Motors Inc ::LITHIA REPORTS RECORD SECOND QUARTER 2018 RESULTS, INCREASES REVENUE 26%.Q2 ADJUSTED EARNINGS PER SHARE $2.52.Q2 EARNINGS PER SHARE $2.44.Q2 REVENUE $3.1 BILLION VERSUS I/B/E/S VIEW $3.04 BILLION.SEES FY 2018 EARNINGS PER SHARE $9.50.SEES FY 2018 REVENUE $11.75 BILLION TO $12.25 BILLION.Q2 EARNINGS PER SHARE VIEW $2.94 -- THOMSON REUTERS I/B/E/S.QTRLY USED VEHICLE RETAIL SAME STORE SALES INCREASED 7%.QTRLY TOTAL SAME STORE SALES INCREASED 3%.QTRLY NEW VEHICLE SAME STORE SALES WERE FLAT.SAYS DECLARES DIVIDEND OF $0.29 PER SHARE FOR Q2.SAYS BEGINNING IN 2019, WILL NO LONGER PROVIDE AN ANNUAL EARNINGS OUTLOOK.  Full Article

Lithia Motors Enters Amended, Restated Loan Agreement
Friday, 29 Jun 2018 

June 29 (Reuters) - Lithia Motors Inc ::LITHIA MOTORS - EFFECTIVE JUNE 25, ENTERED SECOND AMENDED & RESTATED LOAN AGREEMENT AMENDING AMENDED & RESTATED LOAN AGREEMENT.LITHIA MOTORS SAYS UNDER LOAN AGREEMENT TOTAL FINANCING COMMITMENT INCREASED TO $2.6 BILLION; TERM OF CREDIT FACILITY EXTENDED TO JULY 2023 - SEC FILING.  Full Article

Lithia Motors Q3 adjusted earnings per share $2.18
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Lithia Motors Inc ::Lithia reports record third quarter 2017 results, increases revenue 19 pct.Q3 adjusted earnings per share $2.18.Q3 earnings per share $2.07.Q3 revenue $2.7 billion versus I/B/E/S view $2.65 billion.Q3 earnings per share view $2.37 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $8.30 to $8.35.Sees FY 2018 earnings per share $9.25.Sees FY 2017 revenue $10 billion to $10.2 billion.Lithia Motors Inc - ‍for 2018, co targets full year revenues of $11.0 to $11.5 billion​.Lithia Motors Inc - qtrly ‍total same store sales increased 1 pct​.Lithia Motors Inc - ‍for 2017, co expects same store sales growth of 3 pct​.Lithia motors inc - ‍qtrly new vehicle same store sales increased 1 pct​.Lithia motors inc - ‍qtrly used vehicle retail same store sales increased 4 pct​.FY2017 earnings per share view $8.61, revenue view $10.13 billion -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $9.60, revenue view $11.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Lithia Motors reports Q4 earnings per share $2.03
Wednesday, 15 Feb 2017 

Lithia Motors Inc : Lithia reports record fourth quarter and full year 2016 results . Sees FY 2017 earnings per share $8.00 to $8.30 . Q4 earnings per share $2.03 . Q4 revenue $2.3 billion versus I/B/E/S view $2.22 billion . Q4 earnings per share view $1.87 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $1.86 . Qtrly total same store sales increased 5% . Qtrly new vehicle same store sales increased 4% . Qtrly used vehicle retail same store sales increased 11% . Project 2017 full year new vehicle same store sales increasing 1.5% . Sees 2017 total revenue of $9.2 billion to $9.4 billion . Project 2017 full year used vehicle same store sales increasing 5.5% . Has approved a dividend of $0.25 per share related to q4 2016 financial results .Fy2017 earnings per share view $8.32, revenue view $9.54 billion -- Thomson Reuters I/B/E/S.  Full Article

Lithia announces acquisition of Audi store
Thursday, 6 Oct 2016 

Lithia Motors Inc : Lithia announces acquisition of Audi store . Deal will add an additional $120 million in estimated annual revenues . Acquisition brings cumulative 2016 annualized acquired revenue to over $1 billion .Store will be relocated to Calabasas, California and named Audi Calabasas.  Full Article

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Factbox - Big U.S. auto dealers have significant import exposure

NEW YORK Several U.S. auto dealers derive a significant portion of their revenue from imported vehicles, which could be affected if tariffs are imposed on auto imports.