Quarterly Financial Results
Lithia Motors reported quarterly earnings of $10.03 per share, which beat the analyst consensus estimate of $8.78.
The company reported quarterly sales of $9.791 billion, exceeding the analyst consensus estimate of $9.634 billion. This performance represents an increase over sales of $9.583 billion from the same period last year, according to Benzinga Pro.
Second-quarter 2026 net income reached $261.6 million, a 1.3% increase compared to net income of $258.2 million in the second quarter of 2025.
After adjusting for the unrealized gain on an investment in Pinewood Technologies Group PLC and other non-core items, adjusted net income for the second quarter of 2026 stood at $227.6 million, representing a 6% decrease compared to adjusted net income of $240.9 million for the same period of 2025.
