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Provider: Wright Reports

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Lithia Motors Inc Issues FY 2013 Guidance In Line With Analysts' Estimates; Issues Q1 2013 EPS Guidance In Line With Analysts' Estimates

Wednesday, 20 Feb 2013 07:29am EST 

Lithia Motors Inc announced that it projects first quarter 2013 earnings of $0.69 to $0.71 per diluted share and fiscal 2013 earnings of $3.25 to $3.35 per diluted share. the Company expects to report total revenues of $3.7 to $3.8 billion. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.70 for the first quarter of 2013; revenue of $3.7 billion and EPS of $3.26 for fiscal 2013.