LKQ Stock Recent News

LKQ Corporation is the world's largest provider of alternative collision and mechanical replacement parts - a relatively steady business with positive secular trends. LKQ benefits from scale, with sophisticated systems for inventory management and a large network of facilities and vehicles. After successfully expanding capabilities and geographic reach, new leadership appears laser-focused on gaining efficiencies and improving margins.

CHICAGO, June 27, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its second quarter 2024 financial results on Thursday, July 25, 2024.

CHICAGO, June 21, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today announced that a new collective bargaining agreement has been agreed with the trade union Verdi. The agreement covers approximately 5,000 employees of LKQ Europe in Germany, including 730 colleagues at LKQ's Sulzbach-Rosenberg distribution center. The collective bargaining agreement has a two-year duration, which expires on April 30, 2026. The tariff agreement includes a mandatory peace obligation, which immediately ends all strike activity throughout the term of the agreement.

CHICAGO, May 28, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) a global leader in the circular economy, today announced the release of its 2023 Global Sustainability Report. The Report describes LKQ's role in driving sustainable success for our customers, our employees, the communities in which we operate and the global circular economy. Additionally, the report includes an enhanced and robust sustainability strategy, demonstrating our approach to managing sustainability risks across each of our operating segments. Our three-pillar sustainability strategy comprises profitably delivering sustainable outcomes, people-led performance as well as strong governance and ethical practices.

LKQ (LKQ) reported earnings 30 days ago. What's next for the stock?

Major U.S. equities indexes moved higher for the second consecutive day, extending their recovery from last week's losses.

LKQ reports lower-than-expected first-quarter results and expects diluted EPS for full-year 2024 in the range of $3.32-$3.62, down from the previous guidance of $3.43-$3.73.

The two companies reported first-quarter revenue below Wall Street expectations.

LKQ (LKQ) came out with quarterly earnings of $0.82 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.04 per share a year ago.

LKQ (LKQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.