Lithia Motors rises after indicating Q2 profit above estimates
ReutersJul 15, 2025 12:05 PM
Shares of Medford, Oregon-based automotive retailer Lithia Motors LAD.N up 2% to $360 in pre-market
Co sees Q2 net income between $9.70-$10 per share in preliminary results, above Wall Street estimate of $8.66 per share, according to data compiled by LSEG
Expects Q2 revenue between $9.4 bln and $9.6 bln, below analysts' estimates of $9.71 bln
LAD expects Q2 same-store revenue growth between 3.5% to 4%
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