Lithia Motors, Inc. provided earnings guidance for the third quarter ending September 30, 2020. Based on preliminary information available on September 29, 2020, Lithia expects third quarter 2020 net income per diluted share to be between $6.10 to $6.40 representing an increase of 68% and 76%, respectively, compared to $3.64 for the three months ended September 30, 2019. The company expected total revenue increasing for the quarter in the mid to high single digit range compared to $3.3 billion in the third quarter of 2019.