Lithia Motors Q4 Adj EPS $8.24, Inline, Sales $7.67B Miss $7.95B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lithia Motors (NYSE:LAD) reported Q4 adjusted EPS of $8.24, meeting analyst estimates but marking an 8.95% decrease from last year. Sales reached $7.67B, missing the $7.95B estimate but showing a 9.79% increase from the previous year.
February 14, 2024 | 10:02 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Lithia Motors reported Q4 adjusted EPS of $8.24, in line with estimates, and a sales miss at $7.67B against a $7.95B estimate. Year-over-year, EPS decreased by 8.95%, while sales increased by 9.79%.
Meeting EPS estimates but with a decrease from the previous year and missing sales estimates could lead to mixed investor sentiment. The increase in sales YOY indicates growth, potentially balancing the EPS decrease and sales miss in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100