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Zacks News
Auto Stock Roundup: GM Boosts EV Prowess, LAD Buys Suburban Collection & More
by Rimmi Singhi
While General Motors (GM) ramps up e-mobility capabilities with a second battery manufacturing plant, Lithia Motors (LAD) adds $2.4 billion in annual revenues with the Suburban Collection buyout.
Lithia (LAD) Boosts Portfolio Via Suburban Collection Buyout
by Zacks Equity Research
The acquisition of Suburban Collection is likely to add $2.4 billion in Lithia Motors' (LAD) annualized revenues.
Auto Stock Roundup: TSLA Q1 Deliveries Solid, KMX Q4 Earnings Beat & More
by Rimmi Singhi
While Tesla's (TSLA) first-quarter 2021 deliveries jump 109% year over year, CarMax's (KMX) fourth-quarter fiscal 2021 earnings and sales top estimates.
Lithia's (LAD) Buyout Spree Continues With Nissan Dealership
by Zacks Equity Research
The acquisition of Nissan dealership is likely to add $75 million in Lithia Motors' (LAD) annualized revenues.
Auto Stock Roundup: Quarterly Results of NIO & AZO, Buyout Updates From LAD & PAG
by Rimmi Singhi
While AZO & NIO deliver a comprehensive beat in their respective quarterly reports, LAD & PAG grab headlines with buyout updates of Fink Automotive & Kansas City Freightliner, respectively.
Lithia Motors (LAD) Down 0.1% Since Last Earnings Report: Can It Rebound?
by Zacks Equity Research
Lithia Motors (LAD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Lithia (LAD) Expands Footprint With Fink Automotive Buyout
by Zacks Equity Research
Lithia (LAD) expects to add $430 million in annualized revenues through the acquisition of the Fink Automotive Group.
Sonic (SAH) Q4 Earnings Beat, EchoPark Unit Sales Jump Y/Y
by Zacks Equity Research
Sonic Automotive's (SAH) EchoPark segment records fourth-quarter 2020 revenues of $386.9 million, reflecting a 25.4% uptick from the year-ago period.
Auto Stock Roundup: GM, TM & HMC Post Impressive Quarterly Results
by Rimmi Singhi
General Motors (GM), Toyota (TM) and Honda (HMC) deliver stellar quarterly reports with earnings and sales not just topping estimates but also rising year over year.
Auto Retail Industry on the Sunny Side: 4 Stocks in View
by Rimmi Singhi
Rising vehicle demand, particularly for EVs, and the ramp-up of digital initiatives are set to favour the fortunes of the Zacks Auto Retail and Whole Sales industry stocks like LAD, AN, SAH and CRMT.
Penske (PAG) Q4 Earnings Beat on Robust New Vehicle Sales
by Zacks Equity Research
Penske Automotive Group (PAG) tops Q4 earnings and sales estimates. While the auto retailer's profit skyrockets 99.2%, revenues slip 1.2% from the year-ago quarter.
Group 1 (GPI) Q4 Earnings Miss Estimates, Surge 88% Y/Y
by Zacks Equity Research
Group 1 Automotive's (GPI) Q4 earnings and sales miss estimates. While the firm's bottom line surges year over year, the top line slips 3.8% from the corresponding quarter of 2019.
Auto Stock Roundup: Q4 Earnings Snapshots of HOG, F, CMI & More
by Rimmi Singhi
While Ford (F) and Cummins' (CMI) Q4 profits top estimates and rise year over year, Harley-Davidson (HOG) incurs wider loss than the year-ago period.
Lithia Motors (LAD) Q4 Earnings Top Estimates, Up 85% Y/Y
by Zacks Equity Research
Lithia (LAD) puts on a stellar Q4 show, with earnings and sales not only beating estimates but also rising significantly from the corresponding quarter of 2019.
Lithia Motors (LAD) Q4 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Lithia Motors (LAD) delivered earnings and revenue surprises of 8.12% and 0.52%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
This Week's 5 Most Incredible Earnings Charts
by Tracey Ryniec
With so many red-hot stocks, will this week's earnings reports give further fuel to the market bulls?
Why You Should Hold on to AutoNation (AN) for the Long Haul
by Zacks Equity Research
AutoNation (AN) is riding on increasing demand of cars, strong financials, digitization efforts, cost discipline, strong footprint and store expansion moves.
Lithia Motors (LAD) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Lithia Motors (LAD) closed at $317.79 in the latest trading session, marking a -0.63% move from the prior day.
Lithia Motors (LAD) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Lithia Motors (LAD) closed at $292.67 in the latest trading session, marking a -0.18% move from the prior day.
Lithia Motors (LAD) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Lithia Motors (LAD) closed at $285.87 in the latest trading session, marking a +0.53% move from the prior day.
How Lithia Motors (LAD) Stock Stands Out in a Strong Industry
by Zacks Equity Research
Lithia Motors (LAD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Asbury (ABG) Gains More Than 12% on Ambitious 5-Year Plan
by Zacks Equity Research
Asbury's (ABG) Clicklane launch is the company's latest initiative to boost its digital capabilities.
Here's Why You Should Hold on to Lithia Motors (LAD) for Now
by Zacks Equity Research
Considering Lithia Motors' (LAD) diversified product mix, strategic acquisitions and robust e-commerce initiatives, it is prudent to retain the stock in your portfolio at the moment.
Is Lithia Motors (LAD) a Suitable Stock for Value Investors?
by Zacks Equity Research
Let's see if Lithia Motors, Inc. (LAD) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Sonic (SAH) Beats Earnings, Misses Revenue Estimates in Q3
by Zacks Equity Research
Sonic Automotive's (SAH) EchoPark segment records revenues of $385.3 million, up 23.3% from the year-ago quarter's figure.