BUZZ-Lithia Motors rises after upbeat fourth-quarter results
ReutersFeb 12, 2025 1:39 PM
Shares of automotive dealership chain Lithia Motors LAD.N up 7.4% at $396 premarket
Company posts Q4 revenue increase of 20% to $9.22 billion vs. estimates of $9.10 billion - data compiled by LSEG
Also posts quarterly adjusted EPS of $7.79 vs. estimates of $7.24, says insurance proceeds related to a business interruption claim helped offset foreign exchange losses
LAD rose 8.6% in 2024
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