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0 -0.0335417851051734 -0.0335417851051734 -0.0335417851051734 -0.0335417851051734 -0.0335417851051734 -0.0335417851051734 0.000568504832291042
Stock impact report

Lithia Reports First Quarter 2020 Results

Lithia Motors, Inc. (LAD) 
Last lithia motors, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: lithiainvestorrelations.com
Company Research Source: Business Wire
Declares Dividend of $0.30 Per Share for First Quarter MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors, Inc. (NYSE: LAD) today reported first quarter 2020 revenue of $2.8 billion. First quarter 2020 net income per diluted share was $1.97, a 19% decrease from $2.42 per diluted share reported in the first quarter of 2019. Adjusted first quarter 2020 net income per diluted share was $2.01, an 18% decrease compared to adjusted net income of $2.44 per diluted share in the same period of 2019.First quarter 2020 net income was $46 million, an 18% decrease compared to net income of $56 million in the same period of 2019. Adjusted first quarter 2020 net income was $47 million, a 17% decrease compared to adjusted net income of $57 million for the same period of 2019.As shown in the attached non-GAAP reconciliation tables, the 2020 first quarter adjusted results exclude a $0.04 net non-core charge related to insurance reserves and acquisition expenses partially offset by a net gain on sale of s Show less Read more
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