Lithia Motors / LAD (/NYSE)

50 posts / 0 new
Letzter Beitrag
Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Lithia Motors / LAD (/NYSE)

Das haben wir noch nicht behandelt hier, habe jedenfalls nichts drüber gefunden.

Ist da jemand investiert?

Meinungen, Erfahrungen, Prognosen? - Der Titel scheint nicht uninteressant, sollte sogar noch einiges drinliegen...

http://www.lithia.com/index.cfm?action=home

http://www.lithia.com/index.cfm?action=dealerlink&Link=1447025&linkname=...

Gruss,

Simona

AnhangGröße
Image icon chartservlet_156.gif12.13 KB
Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Lithia Motors / LAD (/NYSE)

Einer der Jasskollegen kennt die Aktie. Er hatte im Juli 2010 für $6.- gekauft und im Dezember für etwas über 14.- verkauft (Tipp kam von seinem langjährigen Banker-Freund). Das hätte man machen sollen.

Auf längere Sicht liegt da schon noch einiges drin, Die hatten ja auch einmal Stolze Kurse um 2005/06/07.

Die 'Finanz und Wirtschaft' hat am letzten Wochenende etwas darüber gepinselt. Blum 3 Etwas spät. 8)

Gruss vom Eptinger

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Lithia Motors / LAD (/NYSE)

Merci; ja war was in der FuW.

Es geht doch nichts über gute Freunde - Blum 3 oder eben doch.-

Scheint noch interessant zu sein hier, stehen grad bei $14.65.

Gruss,

Simona

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Lithia Motors / LAD (/NYSE)

Schön wäre es, Lithia wieder über 15.- zu sehen wie vor wenigen Tagen. Wink Hier stehen auch noch Q4-Zahlen an. Ende Januar? Weiss schon jemand das genaue Datum?

Gruss,

Simona

Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Lithia Motors / LAD (/NYSE)

Nein, noch nicht, ich meine aber im Februar.

Ich habe vor fünf Minuten gekauft. LolWink

Gruss vom Eptinger

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Lithia Motors / LAD (/NYSE)

Eptinger wrote:

Nein, noch nicht, ich meine aber im Februar.

Ich habe vor fünf Minuten gekauft. LolWink

Nun, ich möchte sie gerne mal um 25.- sehen. Aber zuvor 20.- ist auch gut. Smile 8)

Gruss,

Simona

Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Lithia Motors / LAD (/NYSE)

Gut möglich, aber nicht von heute auf morgen.

Das ist ein lustiger Trader, ich bin schon wieder neu drin. Wink Habe den gestern noch ausi gelassen nach 10%.

Ich habe vor 3 Minuten neu gekauft. Lol

Gruss vom Eptinger

Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Lithia Motors / LAD (/NYSE)

Und seit einiger Zeit auch wieder draussen. Mist. Blum 3

Gruss vom Eptinger

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Lithia Motors / LAD (/NYSE)

Smile Das war wohl nicht grad der beste Moment. Kann passieren. Der Absturz heut ist nicht titelspezifisch, :roll: man spinnt heute halt. - Es gibt grad keine Statistik die sehr übel gebastelt ist, nun hat man es eben mit der Psyche, gemäss Börsennews :P. Ein Grund findet sich ja immer, wenn Kasse gemacht wird.

Ja, ich bin gestern, kurz vor Schluss auch in die Pause gegangen. Ich hatte so eine Mücke im Ohr, die mir was flüsterte.

Ich denke aber nicht, dass LAD ein typischer Tradertitel ist. Wenn ich zurückschaue im Chart, handelt es sich doch um eine nachhaltige Aufwärtsbewegung. Natürlich mit kleinen Rücksetzern, aber der Trend war rauf.

Ich hole sie zurück.

Hier noch eine Meldung von gestern, kam noch nicht dazu, die reinzugeben:

Lithia Motors Upward Momentum Looks to Continue (LAD)

Written on Wed, 01/26/2011 - 6:08pmBy Amanda Smith

SmarTrend identified an Uptrend for Lithia Motors (NYSE:LAD) on July 23, 2010 at $7.72. In approximately 6 months since that trend was identified, Lithia Motors has returned 92.8% as of today's recent price of $14.89.

In the past 52 weeks, shares of Lithia Motors have traded between a low of $5.18 and a high of $15.08 and are now at $14.89, which is 187% above that low price.

Lithia Motors is currently above its 50-day moving average of $13.84 and above its 200-day moving average of $9.85. Look for these moving averages to climb to confirm the company's upward momentum.

In the last five trading sessions, the 50-day MA has climbed 0.55% while the 200-day MA has risen 1.05%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Lithia Motors shares.

Quelle:

http://www.mysmartrend.com/news-briefs/technical-analysis/lithia-motors-...

Gruss,

Simona

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Lithia Motors / LAD (/NYSE)

LAD kaufen?

Die haben seit letzter Woche und heute Absturz gefeiert. Ohne Meldung. Wäre Zeit zum Aufsammeln...$ 13.50. Wink

Gruss,

Simona

Emil
Bild des Benutzers Emil
Offline
Zuletzt online: 19.09.2017
Mitglied seit: 28.09.2007
Kommentare: 2'992
Lithia Motors / LAD (/NYSE)

Ich habe da schon länger zugeschaut.

Kaufen? Ja schon zu dem Preis. Ich habe ein Portiönchen geholt, 13.55. Zudem fehlen mir seit einiger Zeit Autos im Depot und die haben gleich diverse Marken. Und wem es an der Börse stinkt, kauft sich eben ein Autolein. Smile 8)

Emil

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Lithia Motors / LAD (/NYSE)

Merci, Smile habe auch.

War aber schwierig, 13.69.

Gruss,

Simona

Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Lithia Motors / LAD (/NYSE)

Ich bin auch noch da, habe bekommen 13.74. Smile 8)

Gruss vom Eptinger

Emil
Bild des Benutzers Emil
Offline
Zuletzt online: 19.09.2017
Mitglied seit: 28.09.2007
Kommentare: 2'992
Lithia Motors / LAD (/NYSE)

Blum 3 Da warst du aber mal nicht bei den Schnellsten, ausnahmsweise.

Macht nichts, die kommen, meine neuen Autolein, ich habe da ein sehr gutes Gefühl dabei Wink 8)

Emil

Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Lithia Motors / LAD (/NYSE)

Blum 3 Zugegeben, noch etwas langsamer wäre besser gewesen.

Dafür habe ich gerade noch diese für uns interessante und erfolgversprechende Meldung gesehen:

Biggrin

US-Automarkt: Verkäufe größerer Fahrzeuge bringen Aufschwung

Kategorie: US-Markt News | Allgemein USA + Südamerika (Politik, Makro-Wirtschaftsdaten etc) | Uhrzeit: 15:55

Detroit (BoerseGo.de) - Die Verkäufe neuer Fahrzeuge haben im Januar 2011 in den USA um 17 Prozent zugelegt. Wie die US-Autohersteller jetzt meldeten, ist der jüngste Nachfrageschub trotz steigender Benzinpreise dem Absatz von "Pickups" und anderen größeren Kraftfahrzeugen zu verdanken. So hatten alle Autohersteller außer Mazda gestern von Absatzzuwächsen im Januar 2011 berichten können. Und sogar General Motors erreichte zuletzt den höchsten Marktanteil seit mehr als zwei Jahren. Die von der Industrie saisonbereinigte, auf das Jahr hochgerechnete Zahl an verkauften Fahrzeugen in den USA stieg zuletzt auf 12,6 Millionen Einheiten. Es ist der höchste Wert seit August 2009.

Gruss vom Eptinger

Emil
Bild des Benutzers Emil
Offline
Zuletzt online: 19.09.2017
Mitglied seit: 28.09.2007
Kommentare: 2'992
Lithia Motors / LAD (/NYSE)

Am 23. Februar kommen hier Zahlen. Wink

03-02-2011 12:01 DJ Lithia Motors Files 8K - Other Events >LAD

Name Letzter Veränderung

LITHIA MOTORS CL A ORD 14.29 0.33 (2.36 Wacko

Lithia Motors Inc. (LAD) filed a Form 8K - Other Events - with the U.S Securities and Exchange Commission on February 02, 2011.

On February 2, 2011, Lithia Motors, Inc. issued a press release announcing that its fourth quarter and year end results for 2010 will be released on Wednesday, February 23, 2011 at 1:05 p.m. PT. Lithia will conduct a conference call to discuss its fourth quarter results at 2:00 p.m. PT February 23, 2011. Interested parties are invited to join the call by dialing 877-407-8029. Please call 10 minutes prior to the beginning of the call. To listen live or for the replay, visit Investor Relations on www.lithia.com and click on the conference call icon. A playback of the conference call will be available after 5:00 p.m. PT on February 23, 2011 through March 2, 2011 by calling 877-660-6853 (Conference ID: 366539 Account: 305). A copy of the press release is attached as

The full text of this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1023128/000089659511000030/f8klad...

Any exhibits and associated documents for this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1023128/000089659511000030/000089...

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=szHegxET0gDpdTRXqsyGjg%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

February 03, 2011 06:01 ET (11:01 GMT)

Copyright (c) 2011 Dow Jones & Company, Inc.

Emil

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Lithia Motors / LAD (/NYSE)

Merci für die Info. Smile

Emil
Bild des Benutzers Emil
Offline
Zuletzt online: 19.09.2017
Mitglied seit: 28.09.2007
Kommentare: 2'992
Lithia Motors / LAD (/NYSE)

Ich habe heute Kasse gemacht bei 15.05 Biggrin ,

denn ich hatte etwas gar viel.

Jetzt habe ich aber bereits wieder eingekauft und warte auf die Zahlen. Wink

Emil

Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Lithia Motors / LAD (/NYSE)

Soso, dann taten wir heute beide Gleiches. Ich bin raus bei 15.- und habe vor einigen Minuten neu geladen. Es war gerade käufig. Smile 8)

Was denkst du, wo der Kurs hinkommt auf den 23. Februar?

Gruss vom Eptinger

Emil
Bild des Benutzers Emil
Offline
Zuletzt online: 19.09.2017
Mitglied seit: 28.09.2007
Kommentare: 2'992
Lithia Motors / LAD (/NYSE)

Ca. 17.50. Ich erwarte dann ein Upgrading, da hier die Geschäfte gut laufen dürften. Wink

Emil

Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Lithia Motors / LAD (/NYSE)

Ja, das dürfte gut hinkommen Smile 8)

Gruss vom Eptinger

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
LAD-Zahlen 2010 / Q4
Emil
Bild des Benutzers Emil
Offline
Zuletzt online: 19.09.2017
Mitglied seit: 28.09.2007
Kommentare: 2'992
Lithia Motors / LAD (/NYSE)

Megasuper. Tolle Bude! Ich bin jetzt aber kurz weg 15.99, und warte bis die Lage wieder grüner ist im Amiland. :idea:

Emil

Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Lithia Motors / LAD (/NYSE)

Das war wirklich schön. Meine verkauften sich gestern zur Hälfte zu 15.86. Ich warte auf die 17.50. Lol

Gruss vom Eptinger

Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Ergebnis Q1

Die waren auch recht gut heute, das Warten hat gelohnt. Lol

27-04-2011 14:19 BRIEF-Lithia Motors ups Q1 dividend to $0.07 per share

Name Letzter Veränderung

LITHIA MOTORS CL A ORD 17.56 2.50 (16.60 Wacko

April 27 (Reuters) - Lithia Motors Inc:

* Increases first quarter 2011 dividend to $0.07 per share

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

(For more news, please click here)

COPYRIGHT

Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

http://www.b2i.us/profiles/investor/NewsPrint.asp?b=2051&ID=44830&m=rl&p...

Recent 52-Week High Exceeded in Shares of Lithia Motors (LAD)

Written on Wed, 04/27/2011 - 10:07am

By Chip Brian

Shares of Lithia Motors (NYSE:LAD) traded at a new 52-week high today of $17.40. Approximately 157,000 shares have traded hands today vs. average 30-day volume of 131,000 shares.

Lithia Motors is currently trading at $17.23, approximately 17.3% above its 50-day moving average of $14.69. SmarTrend will be monitoring shares of LAD to see if this bullish momentum will continue.

In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has risen 0.72%.

In the past 52 weeks, shares of Lithia Motors have traded between a low of $5.87 and a high of $16.07 and are now at $16.47, which is 181% above that low price.

SmarTrend currently has shares of Lithia Motors in an Uptrend and issued the Uptrend alert on April 05, 2011 at $15.17. The stock has risen -0.7% since the Uptrend alert was issued.

Quelle:

http://www.mysmartrend.com/news-briefs/news-watch/recent-52-week-high-ex...

Gruss vom Eptinger

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Info

Mal wieder ein Wort zu Lithia: Die sind einfach gut. Wink

Lässt heute cool die 20.- hinter sich, hat sich stets gut gehalten in letzter elender Zeit, auch nach kleinen Rutscherchen stets wieder ein Up und auf und vorwärts, egal was die Welt macht.

machthttp://www.mysmartrend.com/news-briefs/news-watch/lithia-motors-52-week-....

http://www.mysmartrend.com/news-briefs/news-watch/relatively-good-perfor...

Gruss,

Simona

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Info Q2 / 2011

Earnings:

27-07-2011 14:29 UPDATE 1-Lithia posts stronger-than-expected profit

Name Letzter Veränderung

LITHIA MOTORS CL A ORD 23.24 1.51 (6.95 Wacko

DETROIT, July 27 (Reuters) - Automotive dealership group Lithia Motors Inc posted a stronger-than-expected quarterly profit, boosted by higher sales of both new and used vehicles.

Lithia, the No. 9 dealership group in the United States, reported net income of $14.83 million, or 55 cents cents a share, compared with a net loss a year earlier of $1.72 million, or 7 cents a share.

Excluding one-time items, Lithia earned 54 cents a share, easily beating the 35 cents analysts polled by Thomson Reuters I/B/E/S had forecast.

Revenue rose 30 percent to $689.1 million, topping the $635.6 million analysts had expected.

(Reporting by Ben Klayman and Deepa Seetharaman in Detroit; editing by John Wallace) Keywords: LITHIA/ (benjamin.klayman@thomsonreuters.com; +1 313 416 4071; Reuters Messaging: ben.klayman.reuters.com@reuters.net)

COPYRIGHT

Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

Gruss,

Simona

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Q3 / 2011

Info:

Lithia Motors 3Q profit up 69 percent

Lithia Motors 3Q profit rises 69 percent on strong new, used vehicle sales and higher prices

On Wednesday October 26, 2011, 12:49 pm EDT

MEDFORD, Ore. (AP) -- Auto dealership chain Lithia Motors Inc. said Wednesday that its third-quarter net income rose 69 percent on strong sales of cars and trucks and higher prices.

The Medford, Ore.-based company, which has 86 dealerships, said net income totaled $16.6 million, or 62 cents per share, compared with $9.8 million, or 37 cents per share, a year earlier. Revenue rose 29 percent to $737.9 million.

Lithia soundly beat Wall Street's expectations. Analysts polled by FactSet expected earnings of 47 cents per share on revenue of $680.3 million.

The company's shares rose 56 cents, or 2.8 percent, to $20.91 in midday trading Wednesday. They have been trading at the high end of their 52-week range of $9.45 to $23.84.

Lithia also raised its 2011 full-year profit guidance. The company expects to earn $1.86 to $1.88 per share on revenue of $2.6 billion to $2.7 billion. Last quarter the company predicted full-year earnings of $1.67 to $1.73 per share. Analysts polled by FactSet expect $1.70 per share.

Lithia also projected fourth-quarter earnings per share of 37 cents to 39 cents, and it predicted 2012 full-year earnings of $1.95 to $2.05 per share.

Analysts on average expect 34 cents per share in the fourth quarter and $1.91 per share for next year.

Lithia, the nation's ninth-largest auto dealer chain, said new vehicle retail sales rose 29.7 percent for the third quarter, while used vehicle retail sales were up 14.3 percent. New vehicle prices rose 4.7 percent, while used vehicle retail prices were up 5.8 percent.

Same store revenue of new vehicles grew 28 percent, even with shortages of Honda and Toyota models due to the March earthquake in Japan. The metric is a key indicator of a retailer's health because it excludes sales from locations that have opened or closed in the past year.

"Our import stores grew unit sales volume 2 percent, despite shortage of import brand new vehicle inventory," Chief Operating Officer Bryan DeBoer said in a statement.

The company also announced that it will pay a dividend of 7 cents per share for the third quarter. Shareholders of record as of Nov. 11 will be paid on Nov. 25.

Wink

Lithia hat die Börsenturbulenzen bisher gut überstanden und sich jeweils rasch wieder erholt.

Gruss,

Simona

Eptinger
Bild des Benutzers Eptinger
Offline
Zuletzt online: 07.09.2017
Mitglied seit: 08.12.2006
Kommentare: 1'705
Lithia Motors / LAD (/NYSE)

Tatsächlich, einer der wenigen Titel, die in diesem Jahr Freude machten, besonders seit Oktober. Die Jassrunde lässt grüssen. Biggrin

Lithia Motors Looks to Continue to Trade Above its Annual-High Share Price Today

Written on Fri, 12/02/2011 - 11:26am

By Amy Schwartz

Lithia Motors (NYSE:LAD) traded at a new 52-week high today of $24.06. This new high was reached on below average trading volume as 105,000 shares traded hands, while the average 30-day volume is approximately 387,000 shares.

Lithia Motors, Inc. retail sells new and used vehicles in the western United States. The Company offers domestic and imported makes of new automobiles and light trucks through dealerships in California, Oregon, Washington, and Nevada. Lithia also arranges related financing and insurance contracts, as well as provides vehicle parts, maintenance, and repair services.

In the past 52 weeks, Lithia Motors share prices have been bracketed by a low of $12.50 and a high of $24.06 and are now at $24.03, 92% above that low price. The 200-day and 50-day moving averages have moved 0.77% higher and 2.23% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Lithia Motors and will alert subscribers who have LAD in their portfolio or watchlist when shares have changed trend direction.

Gruss vom Eptinger

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Q2/2012

Lithia hat sich gut gehalten und zeigt ein schönes Ergebnis, allerdings geht es nur um Millionen und auch nur um USA intern. Aber, schön wer sie hat...

 Drinks

1234525.07.2012 | 13:31

MarketWire · Mehr Nachrichten von MarketWire

Lithia Motors Reports Adjusted EPS of $0.76 for Second Quarter 2012, Revenue Up 26%; Increases 2012 Outlook / Lithia Motors Declares $0.10 per Share Dividend for Second Quarter 2012

MEDFORD, OR -- (Marketwire) -- 07/25/12 -- Lithia Motors, Inc. (NYSE: LAD) today reported 2012 second quarter adjusted income from continuing operations of $19.9 million, or $0.76 per diluted share. This compares to a 2011 second quarter adjusted income from continuing operations of $14.4 million, or $0.54 per diluted share. Unadjusted net income from continuing operations for the second quarter of 2012 was $20.5 million or $0.78 per diluted share, compared to $14.7 million or $0.55 per diluted share for 2011.

As shown in the attached non-GAAP reconciliation table, the 2012 second quarter adjusted income from continuing operations is reduced to exclude a benefit of $0.02 per share for a non-core tax attribute. The 2011 second quarter adjusted results from continuing operations exclude a benefit of $0.01 per share for a tax item.

Second quarter 2012 revenue from continuing operations increased $174.6 million, or 26% to $847.1 million, compared to $672.5 million in the second quarter of 2011.

Second Quarter Year-over-Year Operating Highlights:

  • New vehicle same store sales increased 34%
  • Used vehicle retail same store sales increased 20%
  • Service, body and parts same store sales increased 7%
  • SG&A expense as a percentage of gross profit was 69.6%, a reduction of 160 basis points
  • Earnings per share increased 41%; $0.76 is the highest second quarter EPS in company history

"We remain focused on improving our operations and increasing our market share," said Bryan DeBoer, President and CEO. "I'm proud of the results our team delivered in the second quarter. With that said, we still have opportunities in all facets of our business and our leaders continue to identify areas where performance can improve. Additionally, in many of our western markets, the new vehicle sales recovery has lagged national levels. This factor will serve as a future catalyst for growth."

For the first six months of 2012, revenue from continuing operations increased 28% to $1.6 billion as compared to $1.3 billion in 2011. Same store new vehicle sales increased 30%, used vehicle retail same store sales increased 19% and service, body and parts same store sales increased 6%. For the first six months of 2012 adjusted net income from continuing operations was $1.36 per share as compared to $0.87 per share in 2011. Unadjusted, for the first six months of 2012, net income from continuing operations was $1.42 per diluted share, compared to $0.86 per diluted share for 2011.

Corporate Development
On April 30, 2012, Lithia purchased a Chevrolet Cadillac store in Bellingham, Washington with estimated annual revenues of $40 million. On June 12, 2012, Lithia purchased GMC and Buick franchises in Fairbanks, Alaska, to combine with our Chevrolet store in the community. On June 25, 2012, Lithia was awarded Dodge and Ram franchises and opened a store in Las Cruces, New Mexico. Estimated annual revenues from the Fairbanks and Las Cruces franchises are $35 million.

Commenting on the acquisition activity, DeBoer said, "In the second quarter, we were able to identify several opportunities that fit our core strategy of seeking exclusive franchises in our markets. I am excited to welcome our new employees to the family."

Share Repurchases
During the second quarter, Lithia repurchased 741,092 shares of its Class A common stock at a weighted average price of $24.23 per share. For the first six months of 2012, Lithia repurchased 823,092 shares of its Class A common stock at a weighted average price of $24.17 per share.

The Board of Directors has increased the existing authorization by 1 million shares, bringing the total remaining repurchase authorization to 1,879,853 shares.

Chris Holzshu, SVP and Chief Financial Officer, commented, "We remain focused on the prudent allocation of capital. While our first choice remains acquisitions and internal investment, we are pleased to provide a dividend and opportunistically repurchase shares to return value to our shareholders."

Balance Sheet Update
Lithia ended the second quarter with $16 million in cash and $76 million in available credit on our credit facilities. In total, this represents approximately $92 million in available liquidity.

During the second quarter, Lithia strategically retired approximately $23 million in mortgages, and refinanced approximately $70 million of mortgages to extend the maturity dates. As a result, Lithia has no mortgage maturities until 2015, when approximately $13 million matures.

Dividend Payment
Lithia announced that the Board of Directors has approved a dividend of $0.10 per share for the second quarter 2012. Lithia will pay the dividend August 24, 2012 to shareholders of record on August 10, 2012.

Updated Outlook for 2012
Lithia projects its 2012 third quarter earnings within a range of $0.74 to $0.76 per diluted share. Full-year 2012 earnings are projected within a range of $2.69 to $2.75 per diluted share. Both projections are based on the following annual assumptions:

  • Total revenues in range of $3.2 to $3.3 billion
  • New vehicle same store sales increasing 22.0%
  • New vehicle gross margin ranging from 7.3% to 7.6%
  • Used vehicle same store sales increasing 16.0%
  • Used vehicle gross margin ranging from 14.7% to 14.9%
  • Service body and parts same store sales increasing 4.5%
  • Service body and parts gross margin ranging from 48.3% to 48.5%
  • Finance and insurance gross profit of $1,050 per unit
  • Tax rate of 40%
  • Average diluted shares outstanding of 26.1 million
  • Capital expenditures of $48 million
  • Guidance excludes the impact of future acquisitions, dispositions, and any potential non-core items

Second Quarter Earnings Conference Call and Updated Presentation
The second quarter conference call may be accessed at 10:00 a.m. ET today by telephone at 877-407-8029. An updated presentation highlighting the first quarter results has been added to Investor Relations on www.lithia.com.

To listen live on our website or for replay, visit Investor Relations on www.lithia.com and click on webcasts. A playback of the conference call will be available on July 25, 2012 through August 8, 2012 by calling 877-660-6853 (Conference ID: 397183, Account: 305).

About Lithia
Lithia Motors, Inc. is the ninth largest automotive retailer in the United States. Lithia sells 27 brands of new and all brands of used vehicles at 85 stores, which are located in 11 states. Lithia also arranges finance, warranty, and credit insurance contracts; and provides vehicle parts, maintenance, and repair services at all of its locations.

Sites
www.lithia.com
www.lithiacareers.com
www.assuredservice.com

Lithia Motors on Facebook
http://www.facebook.com/LithiaMotors

Lithia Motors on Twitter
http://twitter.com/lithiamotors

 

Gruss,

Ssimona

Simona
Bild des Benutzers Simona
Offline
Zuletzt online: 06.09.2017
Mitglied seit: 19.05.2006
Kommentare: 1'340
Earnings Q3

Wiederum vorzüglich!


 24.10.2012 | 13:31
 


MarketWire


 


Lithia Motors Reports EPS of $0.90 for Third Quarter 2012; Provides Guidance for 2013 EPS of $3.11 to $3.21 / Lithia Motors Declares $0.10 per Share Dividend for Third Quarter 2012MEDFORD, OR -- (Marketwire) -- 10/24/12 -- Lithia Motors, Inc. (NYSE: LAD) today reported 2012 third quarter income from continuing operations of $23.3 million, or $0.90 per diluted share. This compares to a 2011 third quarter income from continuing operations of $16.3 million, or $0.61 per diluted share, an increase of 48%.


Third quarter 2012 revenue from continuing operations increased $173.2 million, or 24%, to $888.4 million from $715.2 million in the third quarter of 2011.


Third Quarter Year-over-Year Operating Highlights:


New vehicle same store sales increased 30%
Used vehicle retail same store sales increased 24%
Service, body and parts same store sales increased 6%
SG&A expense as a percentage of gross profit was 66.8%, a reduction of 340 basis points, and the lowest quarterly percentage in company history
Earnings per share (EPS) increased 48% to $0.90
"Our stores delivered solid results in the third quarter," said Bryan DeBoer, President and CEO. "We generated the highest quarterly EPS in our history while driving SG&A expense as a percentage of gross profit to an all-time low. We continue our focus on improving vehicle sales volumes, service revenues and customer satisfaction. Our team challenges each other every day to increase performance throughout the organization, and remains vigilant to identify areas of opportunity."


For the first nine months of 2012, revenue from continuing operations increased 27% to $2.5 billion from $2.0 billion in 2011. Same store new vehicle sales increased 30%, used vehicle retail same store sales increased 21% and service, body and parts same store sales increased 6%. For the first nine months of 2012, adjusted net income from continuing operations was $2.24 per share compared to $1.48 per share in the first nine months of 2011. Unadjusted, for the first nine months of 2012, net income from continuing operations was $2.30 per diluted share, compared to $1.47 per diluted share for the first nine months of 2011.


Sid DeBoer, Founder and Executive Chairman, commented, "New vehicle sales volumes in the United States continue to recover. New safety and technology features, improved fuel economy and improving consumer credit markets, coupled with an aging fleet of vehicles, are all tailwinds for increasing sales levels through the remainder of 2012 and in 2013. Our new leadership team and a revitalized group of store managers is poised to continue this growth."


Recent Developments
On August 27, 2012, we purchased Connell Chevrolet in Killeen, Texas, with estimated annual revenues of $60 million. Our earnings guidance has been updated to reflect the impact of this transaction.


"We are excited to add this new store in Texas, which fits our core strategy of seeking exclusive franchises in our markets, and welcome our new employees to the family," said Bryan DeBoer.


Balance Sheet Update
We ended the third quarter with $20 million in cash and $29 million in available credit on our credit facilities. We also have the ability to expand the existing credit facilities by $150 million to $800 million in total, subject to lender approval. Additionally, approximately $115 million of operating real estate is currently unfinanced, which could provide an additional $86 million in available liquidity.


During the third quarter, we strategically retired approximately $5 million in mortgages, and refinanced approximately $16 million of mortgages to extend the maturity dates. As a result, we have no mortgage maturities until 2016.


Chris Holzshu, SVP and CFO said, "We've taken actions throughout the third quarter to strengthen our balance sheet and improve our capital position. As of the end of the quarter, we have fixed the interest rates on approximately 60% of our outstanding mortgages. This year we have retired approximately $35 million in mortgage debt, and reduced our overall average mortgage interest rate by 180 basis points while significantly extending maturity dates. We remain well-positioned to use free cash flow and available liquidity for acquisitions and internal investments that meet our strict return metrics."


Dividend Payment
Our Board of Directors approved a dividend of $0.10 per share for the third quarter 2012. We will pay the dividend on November 23, 2012 to shareholders of record on November 9, 2012.


Updated Outlook for 2012
We project 2012 fourth quarter earnings of $0.64 to $0.66 per diluted share. Full-year 2012 earnings are projected between $2.88 to $2.90 per diluted share. Both projections are based on the following annual assumptions:


Total revenues of $3.2 to $3.3 billion
New vehicle same store sales increasing 27%
New vehicle gross margin of 7.1% to 7.3%
Used vehicle same store sales increasing 20%
Used vehicle gross margin of 14.3% to 14.5%
Service body and parts same store sales increasing 5.6%
Service body and parts gross margin of 48.1% to 48.3%
Finance and insurance gross profit of $1,050 per unit
Tax rate of 40%
Average diluted shares outstanding of 26.1 million
Capital expenditures of $67 million
Guidance excludes the impact of future acquisitions, dispositions, and any potential non-core items
Outlook for 2013
We project 2013 first quarter earnings of $0.65 to $0.67 per diluted share and full-year 2013 earnings of $3.11 to $3.21 per diluted share. Both projections are based on the following annual assumptions:


Total revenues of $3.5 to $3.6 billion
New vehicle same store sales increasing 10.6%
New vehicle gross margin of 7.1% to 7.3%
Used vehicle same store sales increasing 7.7%
Used vehicle gross margin of 14.3% to 14.5%
Service body and parts same store sales increasing 4.8%
Service body and parts gross margin of 48.0% to 48.2%
Finance and insurance gross profit of $1,050 per unit
Tax rate of 40%
Average diluted shares outstanding of 26.4 million
Capital expenditures of $25 million
Guidance excludes the impact of future acquisitions, dispositions, and any potential non-core items
Third Quarter Earnings Conference Call and Updated Presentation
The third quarter conference call may be accessed at 10:00 a.m. ET today by telephone at 877-407-8029. An updated presentation highlighting the third quarter results has been added to Investor Relations on www.lithia.com.


To listen live on our website or for replay, visit Investor Relations on www.lithia.com and click on webcasts. A playback of the conference call will be available on October 24, 2012 through November 7, 2012 by calling 877-660-6853 (Conference ID: 401506).


 


Gruss,


Simona

Seiten