Lithia Motors reports record Q3: revenue $6.2B (+70%), EPS $10.11 (+47%), declares $0.35 dividend

LITHIA MOTORS INC

2021-Q3 EPS reported $26.91 revenue$16,522,200,000

Q3 revenue $6.2B (+70% YoY); net income $309M (+95%); diluted EPS $10.11 (+47%).
Adjusted diluted EPS $11.21 (+63%); excludes $1.10/sh non-core charges.
Declared $0.35 per share cash dividend, payable Nov 19, 2021 to holders of record Nov 12.
Acquired $1.7B annualized revenue in Q3; YTD acquisitions $6.2B; on track for $50B revenue target by 2025.

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