Analysts on Wall Street project that Lithia Motors (LAD) will announce quarterly earnings of $7.59 per share in its forthcoming report, representing a decline of 18% year over year. Revenues are projected to reach $9.44 billion, increasing 14.1% from the same quarter last year.

Over the last 30 days, there has been a downward revision of 0.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

In light of this perspective, let's dive into the average estimates of certain Lithia Motors metrics that are commonly tracked and forecasted by Wall Street analysts.

Analysts expect 'Revenue- Fleet and other' to come in at $255.50 million. The estimate points to a change of -4.5% from the year-ago quarter.

The average prediction of analysts places 'Revenue- New vehicle' at $4.53 billion. The estimate suggests a change of +16.7% year over year.

Analysts' assessment points toward 'Revenue- Used vehicle retail' reaching $3.00 billion. The estimate suggests a change of +14.4% year over year.

The combined assessment of analysts suggests that 'Revenue- Used vehicle wholesale' will likely reach $302.22 million. The estimate points to a change of -4.4% from the year-ago quarter.

The consensus estimate for 'Revenue- Finance and insurance' stands at $364.50 million. The estimate indicates a year-over-year change of +4.3%.

Analysts forecast 'Revenue- Service, body and parts' to reach $988.83 million. The estimate points to a change of +18% from the year-ago quarter.

It is projected by analysts that the 'Revenue by Same Store Operating Metrics- New Vehicle Retail' will reach $3.73 billion. The estimate suggests a change of +9.7% year over year.

The collective assessment of analysts points to an estimated 'Revenue by Same Store Operating Metrics- Used Vehicle Retail' of $2.31 billion. The estimate points to a change of +4.2% from the year-ago quarter.