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Lithia: 3 Key Takeaways for Long-Term Investors
The Motley Fool· 2026-10-22 03:28
On its third-quarter 2026 earnings call, held on Oct. 21, 2026, Lithia (LAD -8.23%) reported adjusted diluted earnings per share of $10.34 on revenue near $10 billion. Diversified revenue streams and disciplined pricing helped offset choppy retail conditions while expanding higher-margin financing and service units. Three takeaways from management's comments highlight the trajectory. 3. System Integration Trims Selling and Administrative Costs Management targets selling, general, and administrative expenses ...
What Lithia Motors (LAD) Said on Its Q3 Earnings Call
MarketBeat· 2026-10-22 02:04
Lithia Motors NYSE: LAD reported third-quarter revenue just below $10 billion and adjusted diluted earnings per share of $10.34, up 9% from a year earlier, as growth in used vehicles, aftersales and financing operations helped offset softer new-vehicle results. Chairman and Chief Executive Officer Bryan DeBoer said same-store revenue declined 1.4% against a comparison period in which revenue rose nearly 8%. Total vehicle gross profit per unit was $3,958, down $63 year over year. Lithia's used-vehicle gross ...
Lithia Motors(LAD) - 2026 Q3 - Earnings Call Transcript
2026-10-21 23:02
Lithia Motors (NYSE:LAD) Q3 2026 Earnings call October 21, 2026 10:00 AM ET Company ParticipantsJardon Jaramillo - Senior Director of FinanceBryan DeBoer - Chairman and CEOTina Miller - SVP and CFOChuck Lietz - SVPConference Call ParticipantsMichael Ward - AnalystRyan Sigdahl - AnalystRajat Gupta - AnalystJeff Lick - AnalystAlex Perry - AnalystJohn Saager - AnalystJohn Babcock - AnalystBret Jordan - AnalystDaniela Haigian - AnalystMark Jordan - AnalystRob Saltzman - AnalystOperatorPlease note this conferenc ...
Lithia Motors(LAD) - 2026 Q3 - Earnings Call Transcript
2026-10-21 23:00
Lithia Motors (NYSE:LAD) Q3 2026 Earnings call October 21, 2026 10:00 AM ET Speaker0Please note this conference is being recorded. I will now turn the conference over to Jardon Jaramillo, Senior Director of Finance. Thank you. You may begin.Speaker1Good morning. Thank you for joining us for our third quarter earnings call. With me today are Bryan DeBoer, Chairman and CEO, Tina Miller, Senior Vice President and CFO, Chuck Lietz, Senior Vice President, and Scott Cooke, Driveway Finance Corporation and Southea ...
Lithia Motors(LAD) - 2026 Q3 - Earnings Call Presentation
2026-10-21 22:00
Lithia & Driveway Investor Presentation OCTOBER 2026 NYSE: LAD Disclosure Forward-Looking Statements Certain statements in this presentation, and at times made by our officers and representatives, constitute forward-looking statements within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Generally, you can identify forward-looking statements by terms such as "project," "outlook," "target," "may," "will," "would," "should," "seek," "expect," "plan," "inte ...