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Lithia Motors Inc (LAD.N)

LAD.N on New York Stock Exchange

90.67USD
27 Sep 2016
Change (% chg)

$1.16 (+1.30%)
Prev Close
$89.51
Open
$90.04
Day's High
$90.76
Day's Low
$89.30
Volume
46,027
Avg. Vol
68,868
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$126.55
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Latest Key Developments (Source: Significant Developments)

Lithia Motors acquires assets of Carbone Auto Group
Tuesday, 13 Sep 2016 07:00am EDT 

Lithia Motors Inc : Acquired assets of Carbone Auto Group, a nine store platform based in New York and Vermont .Carbone is estimated to provide approximately $0.20 to $0.25 in earnings per share in 2017.  Full Article

Lithia Motors announces acquisition of Ford store
Thursday, 11 Aug 2016 02:37pm EDT 

Lithia Motors Inc : Lithia announces acquisition of Ford store .Store will be renamed DCH Ford of Thousand Oaks and will add $65 million in estimated annual revenues.  Full Article

Lithia Motors qtrly adjusted earnings $1.96 per share
Thursday, 28 Jul 2016 06:55am EDT 

Lithia Motors Inc : Lithia reports record second quarter results and increases 2016 guidance . Adjusted net income for Q2 of 2016 was $50.2 million, or $1.96 per diluted share . Qtrly total same store sales increased 3.8 percent . Qtrly new vehicle same store sales increased 2.3 percent . Sees 2016 full year earnings of $7.50 to $7.65 per diluted share . Sees 2016 total revenues of $8.5 billion to $8.6 billion . Lithia motors inc says project 2016 Q3 earnings of $2.11 to $2.15 per diluted share . 2016 Q2 unadjusted net income was $51.4 million, or $2.01 per diluted share . Sees 2016 new vehicle sales increasing 3.5 percent .Lithia Motors Inc says on July 27, 2016, we amended our credit agreement to increase facility by $300 million to $2.05 billion and extended maturity to july 2021.  Full Article

Lithia Motors Inc announces $250 million authorization for share repurchase
Thursday, 3 Mar 2016 07:25am EST 

Lithia Motors Inc:Board of Directors has authorized the repurchase of up to $250 million of Lithia Class A common stock.  Full Article

Lithia Motors Inc announces acquisition of Subaru Store
Thursday, 28 Jan 2016 12:51pm EST 

Lithia Motors Inc:Acquired Riverside Subaru in Riverside, California.  Full Article

Lithia Motors Inc announces acquisition of Chrysler Jeep Dodge Ram Alpha Fiat Store
Monday, 21 Dec 2015 03:02pm EST 

Lithia Motors Inc:Acquired Barton Chrysler Jeep Dodge Ram Alpha Fiat in Spokane, Washington.  Full Article

Lithia Motors Inc gives Q4, FY 2015 and Q1, FY 2016 outlook
Wednesday, 21 Oct 2015 06:55am EDT 

Lithia Motors Inc:Projects Q4 2015 earnings of $1.61 to $1.65 per diluted share and FY 2015 earnings of $6.89 to $6.93 per diluted share.Expects FY 2015 total revenues of $7.8 billion to $7.9 billion.Projects Q1 2016 earnings of $1.46 to $1.50 per diluted share and FY 2016 earnings of $7.15 to $7.35 per diluted share.Expects FY 2016 total revenues of $8.3 billion to $8.4 billion.  Full Article

Lithia Motors Inc announces acquisition of Chrysler Jeep Dodge Ram Fiat and Subaru Hyundai GMC Stores
Wednesday, 14 Oct 2015 07:30am EDT 

Lithia Motors Inc:Acquired Crown Chrysler Jeep Dodge Ram Fiat in Concord, California, and Bennett Motors in Great Falls, Montana.Says acquired stores will add $75 million in estimated annual revenues.  Full Article

Lithia Motors, Inc announces acquisition of Ford store
Wednesday, 5 Aug 2015 12:03pm EDT 

Lithia Motors, Inc:Announces acquisition of Ford store.Says store will be renamed Lithia Ford of missoula.Says has acquired bitterroot Ford in missoula, Montana.Bitterroot Ford store will add $50 million in estimated annual revenue.  Full Article

Lithia Motors Inc approves dividend
Wednesday, 22 Jul 2015 07:30am EDT 

Lithia Motors Inc:Approved dividend of $0.20 per share related to second quarter 2015 financial results.We will pay the dividend Aug. 21, 2015 to shareholders of record on Aug. 7.  Full Article

BRIEF-Lithia Motors acquires assets of Carbone Auto Group

* Acquired assets of Carbone Auto Group, a nine store platform based in New York and Vermont