Lithia Motors ($LAD) Q3 2024 Earnings Preview

Lithia Motors's (NYSE: LAD) third quarter financial results release is scheduled for Wednesday 23rd October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.

As per the projections made by financial experts on Wall Street, the firm is expected to announce an estimated $7.53 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $9.5 billion.

Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $36.39 billion. Additionally, they are expecting the company to achieve per share profit of $28.67 for the fiscal year.

In the same three months of the year before, the company made income of $9.25 per share, as shown in their financial report. This number came from the total revenue of $8.28 billion that the company earned in that particular quarter.

Additionally, The company will host a conference call with investors and analysts on 23rd October 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.

Lithia Motors (LAD) closed Monday's regular trading session at $306.51, showing a 2.35 percent fall. The stock fluctuated between $304.90 and $314.23 during the day, with a volume of 272.00 thousand shares.

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