Lithia Motors earnings beat by $0.64, revenue topped estimates

Lithia Motors (LAD) reported Q3 2026 earnings, with total vehicle GPU down $63 YoY but used vehicle GPU up 13%. North America SG&A improved 50 bps. Driveway Finance income rose 70% to $32M. Used vehicle gross profit grew 9.3%, while new vehicle revenues declined 2.6%. The company acquired four stores in Memphis, adding $250M in annualized revenue.

Lithia Motors (LAD) reported Q3 earnings, highlighting 10% aftersales margin expansion and 70% growth in finance operations income. DFC, its captive finance arm, saw 22% rise in managed receivables. U.K. business grew 7%, driven by Chinese and luxury brands. Lithia repurchased $85M in shares and acquired four stores in Memphis. Adjusted EBITDA rose 1.3% YoY to $443.5M.

Lithia Motors (LAD) presented a long-term growth strategy targeting $75-100B in revenue by 2026, despite recent softer demand. The company reported 16% 10-year revenue CAGR and 17% adjusted EPS CAGR, with shares trading at $294.06. Lithia's strategy includes expanding its Driveway Finance Corporation, improving operating efficiency through technology, and diversifying into adjacent mobility sectors.

LITHIA MOTORS INC (LAD) filed an SEC Form 8-K — Results of Operations and Financial Condition. Lithia & Driveway (LAD) Reports Third Quarter Results, Achieves 54% Increase in Diluted Earnings Per Share, 9% Increase in Adjusted Diluted Earnings Per Share, an d Raises Quarterly Dividend 7% ________________________________________________ Key Highlights • Record third quarter

Lithia & Driveway (NYSE:LAD) reported Q3 earnings of $10.34 per share, up 9% YoY, and revenue of $9.9B, up 3% YoY. The company raised its dividend by 7% to $0.75 per share and repurchased 1.1% of outstanding shares. GAAP EPS rose 54% to $13.22, with net income up 34% to $292.9M.

Lithia Motors (LAD) reported Q3 non-GAAP EPS of $10.34, beating estimates by $0.66, and revenue of $9.9B, up 2.3% Y/Y and $190M above expectations. The company raised its quarterly dividend by 7%.