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Lithia Motors Analysts Slash Their Forecasts Following Weak Results
LADLithia Motors(LAD) Benzinga·2025-04-25 02:01

Lithia Motors Inc. LAD reported downbeat sales for the first quarter on Wednesday.The company reported first-quarter FY25 sales growth of 7.2% year-on-year to 9.18billion,missingtheanalystconsensusestimateof9.18 billion, missing the analyst consensus estimate of 9.26 billion.New vehicle, same-store units grew by 3.6%. New vehicle retail revenues increased 9.1% Y/Y, and used vehicle retail revenues climbed 4.2%. Adjusted EPS of 7.66missedtheconsensusestimateof7.66 missed the consensus estimate of 7.69.“We achieved profitable growth year over year in each month this quarter as we gre ...