Lithia Motors (LAD) Reports Q4 Earnings Miss: $6.74 EPS vs. $8.09 Forecast

Lithia Motors Inc. (LAD) reported fourth-quarter net income of $136.8 million, or $6.74 per share on an adjusted basis, missing analyst estimates of $8.09 per share. Revenue of $9.2 billion also trailed forecasts of $9.53 billion. The year ended with profit of $819.6 million, or $32.32 per share, and revenue of $37.63 billion.