Lithia Motors, Inc. (NYSE:LAD) Q3 2024 Earnings Conference Call October 23, 2024 10:00 AM ET
Company Participants
Jardon Jaramillo - Senior Director, Investor Relations
Bryan DeBoer - President and Chief Executive Officer
Tina Miller - Senior Vice President and Chief Financial Officer
Adam Chamberlain - Chief Operating Officer
Chuck Lietz - Senior Vice President, Driveway Finance
Conference Call Participants
Ryan Sigdahl - Craig-Hallum Capital Group
John Murphy - Bank of America
Rajat Gupta - JPMorgan
Chris Bottiglieri - BNP
Jeff Lick - Stephens
Douglas Dutton - Evercore
Michael Ward - Freedom Capital
Brett Jordan - Jefferies
Colin Langan - Wells Fargo
Operator
Greetings, and welcome to Lithia Motors Third Quarter 2024 Earnings Conference Call. At this time, all participants are on a listen-only-mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
I would now like to turn the conference over to your host, Jardon Jaramillo. Thank you. You may begin.
Jardon Jaramillo
Good morning. Thank you for joining us for our third quarter earnings call. With me today are Bryan DeBoer, President and CEO; Adam Chamberlain, Chief Operating Officer; Tina Miller, Senior Vice President and CFO; and finally, Chuck Lietz, Senior Vice President of Driveway Finance.
Today's discussion may include statements about future events, financial projections and expectations about the company's products, markets and growth. Such statements are forward-looking and subject to risks and uncertainties that could cause actual results to materially differ from the statements made. We disclose those risks and uncertainties we deem to be material in our filings with the Securities and Exchange Commission. We urge you to carefully consider these disclosures and not to place undue reliance on forward-looking statements. We undertake no duty to update any forward-looking statements, which are made as of the date of this release.
Our results discussed today include references to non-GAAP financial measures. Please refer to the text of today's press release for a reconciliation of comparable GAAP measures. We have also posted an updated investor presentation on our website, investors.lithiadriveway.com, highlighting our third quarter results.
With that, I would like to turn the call over to Brian DeBoour, President and CEO.
Bryan DeBoer
Thank you, Jardon. Good morning, and welcome to our third quarter earnings call. Our Lithia & Driveway teams continue to deliver strong results as we advance the growth of our unique integrated and profitable mobility ecosystem. This quarter, our team demonstrated exceptional focus and execution, driving continued improvement as we achieved adjusted diluted earnings per share of $8.21.