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Lithia Motors Inc (LAD.N)

LAD.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lithia Motors Inc says has acquired Baierl Auto Group
Monday, 1 May 2017 02:21pm EDT 

May 1 (Reuters) - Lithia Motors Inc :Says has acquired Baierl Auto Group in pittsburgh, pennsylvania.Says on an annualized basis, baierl is estimated to generate $500 million in revenue and $0.15 in earnings per share.  Full Article

Lithia Motors Q1 adjusted earnings per share $1.78
Wednesday, 19 Apr 2017 06:59am EDT 

April 19 (Reuters) - Lithia Motors Inc :Lithia reports record first quarter 2017 results.Sees fy 2017 earnings per share $8.05 to $8.35.Q1 adjusted earnings per share $1.78.Q1 earnings per share $2.01.Q1 revenue $2.2 billion versus i/b/e/s view $2.24 billion.Q1 same store sales rose 3 percent.Q1 earnings per share view $1.74 -- Thomson Reuters I/B/E/S.Lithia motors inc - increases dividend to $0.27 per share.Lithia motors - 2017 q1 adjusted results exclude a $0.23 per share non-core benefit related to legal settlements with two original equipment manufacturers.Sees 2017 total revenue of $9.2 to $9.4 billion.Sees 2017 new vehicle same store sales increasing 1.5%.Lithia motors inc sees 2017 used vehicle same store sales increasing 5.5%.Lithia motors inc sees 2017 used vehicle gross margin of 11.5% to 11.7%.Fy2017 earnings per share view $8.28, revenue view $9.58 billion -- Thomson Reuters I/B/E/S.  Full Article

Lithia announces acquisition of Audi store
Thursday, 6 Oct 2016 07:00am EDT 

Lithia Motors Inc : Lithia announces acquisition of Audi store . Deal will add an additional $120 million in estimated annual revenues . Acquisition brings cumulative 2016 annualized acquired revenue to over $1 billion .Store will be relocated to Calabasas, California and named Audi Calabasas.  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

More From Around the Web

BRIEF-Lithia Motors Inc says has acquired Baierl Auto Group

* Says has acquired Baierl Auto Group in pittsburgh, pennsylvania