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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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.