Auto dealerships

 Lithia Motors, Inc. (LAD)

It offers its products at 278 stores and online through 300 websites. Lithia Motors, Inc. was founded in 1946 and is headquartered in Medford, Oregon.

Group 1 Automotive, Inc. (GPI)

owns and operates 200 automotive dealerships, 266 franchises, and 45 collision centers that offer 34 brands of automobiles. Group 1 Automotive, Inc. was incorporated in 1995 and is based in Houston, Texas.

Penske Automotive Group, Inc. (PAG)

operates automotive and commercial truck dealerships.

 incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.

-=Lithia Motors (LAD) reported earnings on Wed 24 Oct 2018 (b/o)

Lithia Motors beats by $0.30, misses on revs; guides FY18 EPS in-line, reaffirms FY18 revs guidance; same store comps +1%; increases share buyback authorization by $250 mln

• Reports Q3 (Sep) earnings of $2.83 per share, excluding non-recurring items, $0.30 better than the S&P Capital IQ Consensus of $2.53; revenues rose 15.4% year/year to $3.09 bln vs the $3.17 bln S&P Capital IQ Consensus.
  • Total same store sales increased 1%.
• Co issues guidance for FY18, sees EPS of approx $9.50 vs. $9.49 S&P Capital IQ Consensus; reaffirms FY18 revs of $11.75-12.25 bln vs. $12.04 bln S&P Capital IQ Consensus.
• Co increases its share repurchase authorization by an additional $250 mln, bringing total funds available for share repurchase to $268 mln.