LKQ Lowers FY24 Adj EPS Outlook From $3.90 - $4.20 To $3.50 - $3.70 Vs. $3.92 Est.
$LKQ
Motor Vehicles
Consumer Discretionary
LKQ Lowers FY24 Adj EPS Outlook From $3.90 - $4.20 To $3.50 - $3.70 Vs. $3.92 Est.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/13/2022 | $68.00 | Buy | MKM Partners |
| 4/28/2022 | Mkt Perform → Outperform | Barrington Research | |
| 2/17/2022 | Outperform → Mkt Perform | Barrington Research | |
| 10/29/2021 | $60.00 → $62.00 | Outperform | Raymond James |
| 8/2/2021 | $60.00 | Market Perform → Outperform | Raymond James |
8-K - LKQ CORP (0001065696) (Filer)
10-Q - LKQ CORP (0001065696) (Filer)
8-K - LKQ CORP (0001065696) (Filer)
4 - LKQ CORP (0001065696) (Issuer)
4 - LKQ CORP (0001065696) (Issuer)
4 - LKQ CORP (0001065696) (Issuer)
LKQ Corporation (NASDAQ:LKQ) shares are trading lower on Thursday after the company reported second-quarter results. The company reported adjusted earnings per share of 98 cents, missing the analyst consensus of $1.03. Quarterly revenues of $3.71 billion (+7.6%), missed the street view of $3.87 billion. Net income for the second quarter of 2024 was $185 million compared to $281 million for the same period of 2023. Cash flow from operations and free cash flow were $213 million and $133 million, respectively, for the second quarter of 2024. As of June-end, the balance sheet reflected total debt of $4.3 billion and total leverage was 2.3x EBITDA. Also Read: Surprise Q2 GDP Growt
ANTIOCH, Tenn., Nov. 11, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) today announced that Keystone Automotive Operations, a subsidiary of LKQ's Specialty segment, received the Channel Partner of the Year Award at the 2024 Specialty Equipment Market Association (SEMA) Show in Las Vegas, the leading venue that brings together manufacturers and buyers within the automotive specialty equipment industry. In addition, Warn Industries, a segment of Keystone Automotive Operations, won the Off-Road/4-Wheel Drive Product Award in the Best New Products Award category. "We are pleased to be recognized for our leadership in the distribution of SEMA product lines and RV and marine accessori
Revenue of $3.6 billion (a 0.5% increase compared to the same period in 2023)Diluted EPS2 of $0.73; adjusted diluted EPS1,2 of $0.88Third quarter operating cash flow of $420 million; free cash flow1 of $341 millionRepurchased $125 million of LKQ shares$1 billion increase to stock repurchase program announced, raising the aggregate authorization to $4.5 billion through October 25, 2026Dividend of $0.30 per share approved to be paid in the fourth quarter of 2024 ANTIOCH, Tenn., Oct. 24, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) today reported third quarter 2024 financial results. "Our third quarter results reflect softer overall volumes, which underscore the importance o
ANTIOCH, Tenn., Oct. 24, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) today announced that its Board of Directors has authorized a $1 billion increase and a one-year extension to its stock repurchase program, raising the aggregate authorization under the program to $4.5 billion and authorizing repurchases through October 25, 2026. Since initiating the stock repurchase program in late October 2018, the Company has repurchased approximately 62 million shares of its common stock for a total of $2.7 billion through September 30, 2024. Under the repurchase program, the Company is authorized to repurchase shares in the open market as well as in privately negotiated transactions. The ti
CHICAGO, July 22, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) ("LKQ" or the "Company") today announced the appointment of Andrew Clarke to the Company's Board of Directors (the "Board") as a new independent director, effective July 22, 2024. With the addition of Mr. Clarke, the LKQ Board will consist of ten members, eight of whom are independent. Mr. Clarke brings significant logistics, transportation, operations, and financial expertise, having most recently served as Chief Financial Officer at C.H. Robinson, the largest freight broker in the U.S. and one of the biggest third-party logistics providers in the world, from 2015 to 2019. During his time as CFO at C.H. Robinson, Mr.
Varun Laroyia Appointed Chief Executive Officer and Managing Director of LKQ Europe; Rick Galloway Appointed Senior Vice President and Chief Financial Officer of LKQ CHICAGO, Sept. 19, 2022 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ), a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced the following leadership appointments, effective immediately: Varun Laroyia, Executive Vice President and Chief Financial Officer, has been appointed as Chief Executive Officer and Managing Director of LKQ Europe. Mr. Laroyia succeeds Arnd Franz, who is leaving the Company to join Mahle Group ("Mahle") as its Chief Executive O
Revenue of $3.6 billion (a 0.5% increase compared to the same period in 2023)Diluted EPS2 of $0.73; adjusted diluted EPS1,2 of $0.88Third quarter operating cash flow of $420 million; free cash flow1 of $341 millionRepurchased $125 million of LKQ shares$1 billion increase to stock repurchase program announced, raising the aggregate authorization to $4.5 billion through October 25, 2026Dividend of $0.30 per share approved to be paid in the fourth quarter of 2024 ANTIOCH, Tenn., Oct. 24, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) today reported third quarter 2024 financial results. "Our third quarter results reflect softer overall volumes, which underscore the importance o
CHICAGO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) will release its third quarter 2024 financial results on Thursday, October 24, 2024. Conference Call Details LKQ will host a conference call and webcast on October 24, 2024 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) with members of senior management to discuss the Company's results. To access the investor conference call, please dial (833) 470-1428. International access to the call may be obtained by dialing (404) 975-4839. The investor conference call will require you to enter conference ID: 461776. Webcast and Presentation Details The audio webcast and accompanying slide presentation can be accessed at (
Revenue of $3.7 billion (an 8% increase compared to the same period in 2023)Diluted EPS2 of $0.70; adjusted diluted EPS1,2 of $0.98Second quarter operating cash flow of $213 million; free cash flow1 of $133 millionRepurchased $125 million of LKQ sharesDividend of $0.30 per share approved to be paid in the third quarter of 2024Annual guidance updated CHICAGO, July 25, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) today reported second quarter 2024 financial results. "Our second quarter performance did not meet expectations as lower repairable claims in North America and difficult macroeconomic conditions in Europe led to declines in overall volumes. In light of soft demand, our tea
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MKM Partners initiated coverage of LKQ with a rating of Buy and set a new price target of $68.00
Barrington Research upgraded LKQ from Mkt Perform to Outperform
Barrington Research downgraded LKQ from Outperform to Mkt Perform