BofA analysts discussed the impact of tariffs on automakers, with Ford and GM at high risk of negative ratings. Ford is pushing forward with low-cost EVs and connected vehicle subscriptions, while GM is focusing on Cadillac's EV transformation and Formula One participation. Tariffs may cost OEMs $6k-$8k per car, with potential cost passes to consumers.
Lithia Motors Inc. (NYSE: LAD) stock dips in premarket trading after Q1 FY25 earnings miss. Revenue reached $9.18 billion, falling short of the $9.26 billion estimate, while adjusted EPS came in at $7.66 versus $7.69 expected.
Automotive retailer Lithia Motors (NYSE:LAD) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 7.2% year on year to $9.18 billion. Its non-GAAP profit of $7.66 per share was 2.7% below analysts’ consensus estimates.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at America's Car-Mart (NASDAQ:CRMT) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at vehicle retailer stocks, starting with CarMax (NYSE:KMX).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at vehicle retailer stocks, starting with Lithia (NYSE:LAD).
The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer.
However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.
Retailers are overhauling their operations as technology redefines the shopping experience. Still, secular trends are working against their favor as e-commerce continues to take share from brick and mortars.
This puts retail stocks in a tough spot, and over the past six months, the industry has pulled back by 1.6%. This drawdown was disappointing since the S&P 500 climbed 8.1%.
Cooperman takes conservative view for portfolio due to Trump's second term and high interest rates. Favors cash and undervalued stocks like FIHL, LAD, VRT.
Automotive retailer Lithia Motors (NYSE:LAD) announced better-than-expected revenue in Q4 CY2024, with sales up 20.2% year on year to $9.22 billion. Its non-GAAP profit of $7.79 per share was 8.2% above analysts’ consensus estimates.
