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Lithia Motors Inc. (NYSE:LAD) reported first-quarter 2026 financial results Wednesday, topping analyst expectations on both the top and bottom lines despite a year-over-year dip in adjusted profits.
Earnings And Revenue Performance
The Medford-Oregon-based auto retailer posted adjusted diluted earnings of $7.34 per share. This figure surpassed the analyst consensus estimate of $6.83. However, it marked a decrease from the $7.93 per share reported in the prior-year period.
Quarterly sales reached $9.271 billion, edging past the estimated $9.222 billion. This represents a slight climb from the $9.178 billion recorded during the same period last year, according to Benzinga Pro.
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