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Wednesday, February 25, 2015

Lithia Motors Rolls Over Q4 Estimates, Shares Climb



Investors.com http://ift.tt/1BV5Urb Lithia Motors (LAD) topped analyst fourth-quarter earnings estimates again after just meeting last quarter, driving shares up early Wednesday. EPS minus one-time items climbed 45% to $1.42, trouncing views for $1.19. Revenue jumped 75% in Q4 to $1.79 billion vs. the expected $1.68 billion on strong sales of used and new cars amid a resurgent U.S. auto market. For the current quarter, the highly rated auto retailer projects EPS of $1.18-$1.21,


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