-- 独立研究机构CFRA向提供了以下研究报告。CFRA分析师的观点总结如下： Lithia Motors (LAD)公布的第一季度调整后每股收益为7.34美元，高于预期的7.93美元（下降7%），远超市场普遍预期的6.86美元。业绩超预期主要得益于营收和毛利率的强劲增长，净销售额增长1.0%至92.7亿美元（超出市场预期5000万美元），毛利率下降10个基点至15.3%（超出市场预期10个基点）。LAD新车（下降50个基点）和二手车（下降40个基点）业务的毛利率均有所下降，但售后服务业务的强劲增长（上升150个基点）部分抵消了这一影响。LAD在第一季度回购了94.2万股股票，占其已发行股份总数的4.0%，耗资2.59亿美元（平均回购价格为每股274.62美元）。 LAD表示，第一季度收购的门店预计年化营收将达到4.25亿美元。LAD股价在盘前交易中上涨。我们尤其对其股票回购计划印象深刻。在近期其他汽车经销商业绩令人失望之后，LAD用实际行动证明，即使在基本面艰难的情况下，其在收购、股东现金回报和运营效率方面采取的审慎策略也取得了成效。
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