LAD

In the past six months, Lithia Motors reported Q1 2026 revenue of $9.27 billion, exceeding expectations, but EPS of $4.29 missed estimates by 37%, with net income down 52% from Q1 2025. Q2 2026 saw the company beat estimates with $10.03 EPS on $9.79 billion revenue, leading to a premarket share jump. The company announced quarterly dividends of $0.5700 and $0.70 per share and authorized a $500 million share-repurchase program. Analysts adjusted ratings and price targets, with Bank of America raising its target to $417 and Benchmark to $475, while Wall Street Zen upgraded shares to 'hold'. The stock climbed significantly before Q2 earnings but experienced a pullback, though its 90-day return remained positive. Scott Cooke was appointed Operations President in August 2026.