LKQ Corp reports results for the quarter ended in January 1 - Earnings Summary

Reuters
25 Oct 2024

* LKQ Corp reported quarterly adjusted earnings of 88 cents​​ per share for the quarter ended January 1, higher than the same quarter last year, when the company reported EPS of 86 cents. The mean expectation of eight analysts for the quarter was for earnings of 89 cents per share. Wall Street expected results to range from 80 cents to 94 cents per share.

* Revenue rose 0.4% to $3.58 billion from a year ago; analysts expected $3.63 billion.

* LKQ Corp's reported EPS for the quarter was 73 cents​.

* The company reported quarterly net income of $191 million.

* LKQ Corp shares had fallen by 5.4% this quarter and lost 20.9% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 16% in the last three months.​

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"

Wall Street's median 12-month price target for LKQ Corp is $53.00 This summary was machine generated from LSEG data October 24 at 04:21 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 1.03 0.88 Missed

Jun. 30 2024 1.03 0.98 Missed

Mar. 31 2024 0.95 0.82 Missed

Dec. 31 2023 0.76 0.84 Beat

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