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Lysia & Driveway beats market expectations with $9.9 billion in Q3 revenue

Investing.com ·

LAD
LAD Lithia Motors Inc
$269.13 -10.15%
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  1. 1Lysia & Driveway recorded $9.9 billion in revenue for the third quarter.
  2. 2This represents a 3% increase from the $9.7 billion in Q3 revenue recorded last year.
  3. 3Lysia & Driveway decided to increase the quarterly dividend by 7% to $0.75 per share.

So what's the key point?

Lysia & Driveway earned $9.9 billion in the third quarter, performing better than experts expected. The company also decided to increase the dividend paid to shareholders by 7%.

Source Investing.com · View original ↗

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