Wednesday, 13 February 2019

Lithia boosts revenue, results, though year-ago tax gains ding net income

A double-digit percentage jump in used-vehicle sales and higher finance-and-insurance income helped give Lithia Motors, the country's fourth-largest dealership group, a boost in both revenue and adjusted earnings for the fourth quarter of 2018. But net income dropped on a comparison to a year-earlier quarter that included a large one-time tax benefit.



source https://www.autonews.com/dealers/lithia-boosts-revenue-results-though-year-ago-tax-gains-ding-net-income

No comments:

Post a Comment