Lithia Motors (LAD) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Lithia Motors (LAD) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lithia Motors (LAD) reported $9.79 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 2.2%. EPS of $10.03 for the same period compares to $10.24 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $9.64 billion, representing a surprise of +1.55%. The company delivered an EPS surprise of +15.69%, with the consensus EPS estimate being $8.67.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Lithia Motors performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Unit sales - New vehicle: 104,089 compared to the 98,045 average estimate based on three analysts.
- Unit sales - Used vehicle retail: 106,114 versus 113,416 estimated by three analysts on average.
- Average selling price - New vehicle: $47,156.00 versus the three-analyst average estimate of $47,689.69.
- Average selling price - Used vehicle retail: $29,593.00 versus the three-analyst average estimate of $29,481.20.
- Revenues- Finance and insurance: $366.4 million versus $379.46 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -2% change.
- Revenues- Used vehicle: $3.53 billion versus $3.42 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14% change.
- Revenues- New vehicle: $4.83 billion versus the four-analyst average estimate of $4.74 billion. The reported number represents a year-over-year change of +7.4%.
- Revenues- Aftersales: $1.07 billion versus $1.1 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4.3% change.
- Same Store Operating- Revenues- Finance and insurance: $350.3 million versus $358.96 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -4.3% change.
- Same Store Operating- Revenues- Used vehicle: $3.32 billion compared to the $3.11 billion average estimate based on two analysts. The reported number represents a change of +9.8% year over year.
- Same Store Operating- Revenues- New vehicle: $4.55 billion versus the two-analyst average estimate of $4.49 billion. The reported number represents a year-over-year change of +3.8%.
- Same Store Operating- Revenues- Aftersales: $1.01 billion versus $1.05 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.5% change.
View all Key Company Metrics for Lithia Motors here>>>
Shares of Lithia Motors have returned +23.4% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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This article originally published on Zacks Investment Research (zacks.com).