Lithia Q3 diluted EPS rises 54% to $13.22; adjusted EPS up 9% to $10.34
Lithia reported record third-quarter revenue of $9.9 billion, up 3%, and GAAP diluted earnings per share of $13.22, up 54%, helped by an unrealized investment gain. Adjusted net income fell 5% to $229.3 million, and the board approved a $0.75 per share dividend, which the company says is a 7% increase. Bryan DeBoer was also named Chairman, combining that role with his CEO position.
Key points
- Third-quarter revenue rose 3% to $9.9 billion; diluted EPS was $13.22 versus $8.61, and adjusted diluted EPS was $10.34 versus $9.50 (up 9%).
- Adjusted net income was $229.3 million, down 5% from $240.9 million; the company cites an unrealized gain on its Pinewood Technologies investment as a key GAAP adjustment.
- Quarterly dividend of $0.75 per share, payable November 20, 2026 to holders of record on November 6, 2026.
- Bryan DeBoer became Chairman effective October 19, 2026 while remaining CEO; Sidney B. DeBoer became Vice Chairman.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.