This summary was created by AI, based on 1 opinions in the last 12 months.
According to the experts, Lithia Motors just reported beats in same-store sales and revenue, but EPS disappointed, resulting in a 6% plunge in shares. It is considered a mixed quarter with both positive and negative aspects. The company's performance has been a topic of discussion among experts and investors, as they evaluate the impact of these results on the stock's future prospects. The company's financials and market reaction have led to diverse opinions and analysis.
Just reported beats in same-store sales and revenue, but EPS disappointed, so shares plunged 6% today. A mixed quarter.
(A Top Pick March 27/12. Up 70.7%.) Basically owns auto dealerships in Southwest US and up the West Coast. Their largest partner was Chrysler, which was a depressed brand that he thought was due for a bit of a resurgence, which happened. Gradually sold out of his position over the last 4 or 5 months.
Lithia Motors is a American stock, trading under the symbol LAD-N on the New York Stock Exchange (LAD). It is usually referred to as NYSE:LAD or LAD-N
In the last year, there was no coverage of Lithia Motors published on Stockchase.
Lithia Motors was recommended as a Top Pick by on . Read the latest stock experts ratings for Lithia Motors.
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0 stock analysts on Stockchase covered Lithia Motors In the last year. It is a trending stock that is worth watching.
On 2024-04-24, Lithia Motors (LAD-N) stock closed at a price of $252.4.