Back to top

Image: Bigstock

Lithia Motors, Inc.

Read MoreHide Full Article

Lithia Motors’ third-quarter 2015 earnings per share surpassed the Zacks Consensus Estimate and increased from the prior-year quarter figure. Revenues improved year over year and also outpaced the Zacks Consensus Estimate, driven by better performances by all the segments. Lithia Motors focuses on enhancing shareholder value through regular share buybacks and dividend payments. The company is poised to benefit from expansion through acquisitions and store openings. Based on all these factors, the company expects improved results for 2015 and 2016. However, Lithia Motors is under pressure due to extensive merchandise inventory, dependence on automakers and intensifying competition. In addition, the company is witnessing weaknesss in financial position.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Lithia Motors, Inc. (LAD) - free report >>

Published in