Lithia & Driveway (LAD) revealed earnings for first quarter that Drops, from last year
The company's earnings came in at $100.4 million, or $4.28 per share. This compares with $209.5 million, or $7.94 per share, last year.
Excluding items, Lithia & Driveway reported adjusted earnings of $171.7 million or $7.34 per share for the period.
The company's revenue for the period fell 4.4% to $4.379 billion from $4.580 billion last year.
Lithia & Driveway earnings at a glance (GAAP) :
-Earnings: $100.4 Mln. vs. $209.5 Mln. last year.-EPS: $4.28 vs. $7.94 last year.-Revenue: $4.379 Bln vs. $4.580 Bln last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.