Lithia Motors, Inc. ( LAD ) reported first-quarter FY24 sales growth of 23% year-on-year to $8.56 billion, beating the analyst consensus estimate of $8.54 billion. New vehicle same store units grew by 3.6 %. New vehicle retail revenues increased 22.4% Y/Y, and used vehicle retail revenues jumped 25.7%. GreenCars monthly unique visitors (MUVs) increased by 71%, and Driveway Finance Corporation (DFC) originated approximately $493 million in...

07:42 AM EDT, 04/24/2024 (MT Newswires) -- Perseus Mining Limited ( PMNXF ) overnight Tuesday reported production data for the quarter ending March 31. Highlights include gold production of 127,471 ounces, with financial year-to-date gold production of 389,048 ounces. The March quarter weighted average AISC of US$1,091 per ounce, slightly above the prior quarter, as foreshadowed last quarter. According to...

April 24 (Reuters) - U.S. defense contractor Teledyne Technologies ( TDY ) on Wednesday cut its annual profit forecast after missing first-quarter estimates on weak sales in its imaging and instrumentation businesses. Teledyne ( TDY ), which makes digital imaging sensors and measurement instruments for marine applications, now expects 2024 adjusted profit between $19.25 and $19.45 per share, down from...

April 24 (Reuters) - Masco ( MAS ) beat Wall Street expectations for first-quarter profit on Wednesday, as price hikes and easing material costs bolstered the homebuilding-product maker's margins. Its gross profit margin expanded 180 basis points to 35.6%, also helped by better cost management undertaken in the past quarters to shield its margins from rising costs of freight, shipping...