MEDFORD, Ore. (AP) — MEDFORD, Ore. (AP) — Lithia Motors Inc. (LAD) on Wednesday reported second-quarter profit of $260 million.…MEDFORD, Ore. (AP) — MEDFORD, Ore. (AP) — Lithia Motors Inc. (LAD) on Wednesday reported second-quarter profit of $260 million. On a per-share basis, the Medford, Oregon-based company said it had profit of $11.54. Earnings, adjusted for non-recurring gains, came to $10.03 per share. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $8.67 per share. Four analysts surveyed by Zacks expected $9.64 billion.