- Lithia & Driveway reported an adjusted EPS of $7.79, surpassing estimates of $7.19 but lower than last year’s $8.24.
- The company’s revenue for the fourth quarter reached $9.22 billion, marking a 20% increase year-over-year, and beating the estimated $9.06 billion.
- Gross margin was reported at 14.9%, below last year’s 16.4% and the estimated 15.3%.
- The company remains optimistic about future growth, emphasizing the importance of their omnichannel strategy and solid financial base.
- Analyst ratings show 12 buys, 5 holds, and 1 sell.
“`
Lithia Motors Inc Cl A on Smartkarma
Analyst coverage of Lithia Motors Inc Cl A on Smartkarma highlights the positive outlook on the company’s growth prospects. Baptista Research‘s reports emphasize the strategic initiatives driving revenue increase, with the third-quarter results reaching a record $9.2 billion, reflecting an 11% rise from the previous year. The company’s focus on product diversity, pricing strategy, and cost efficiencies positions it favorably for strategic growth.
Furthermore, Baptista Research‘s analysis acknowledges Lithia Motors Inc’s ability to maintain profitability amid market fluctuations. The company’s strong execution and business model advancements have contributed to revenue growth and improved cost efficiency. Despite operational challenges such as a cyberattack, Lithia Motors reported a robust financial performance, showing resilience and agility in navigating the evolving automotive landscape.
A look at Lithia Motors Inc Cl A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Lithia Motors Inc Cl A, the company is positioned favorably for the long term. With a strong momentum score of 5, indicating positive price performance, Lithia Motors is showing robust growth potential. Its value score of 4 suggests that the company is undervalued relative to its financials, presenting an opportunity for investors. Although the dividend and resilience scores are lower at 2, indicating room for improvement in these areas, the overall outlook remains positive.
Lithia Motors, Inc. is a company that specializes in the retail, financing, and servicing of new and used vehicles across the United States. In addition to vehicle sales, the company offers a range of related services and products, including parts and accessories, extended service contracts, aftermarket automotive products, and collision repair services. With a growth score of 3, Lithia Motors is poised for expansion and continued success in the automotive industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
