Lithia reports q1 earnings per share of $1.97

Lithia reports first quarter 2020 results.q1 adjusted earnings per share $2.01.q1 earnings per share $1.97.q1 revenue $2.8 billion versus refinitiv ibes estimate of $2.93 billion.q1 earnings per share estimate $2.14 -- refinitiv ibes data.declares dividend of $0.30 per share for q1.qtrly same store new vehicle sales decreased 10.6 %.qtrly same store used vehicle retail sales increased 2.7%.qtrly same store f&i per unit increased 6.1% to $1,557.ended q1 with over $550 million in cash and availability on our revolving lines of credit.unfinanced real estate could provide additional liquidity of approximately $500 million.actively managing our capital utilization to preserve cash.deferring about $65 million in capital expenditures, suspending share repurchases and restructuring acquisitions.have no significant debt maturities until 2025.
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