LKQ Stock Recent News
LKQ LATEST HEADLINES
CHICAGO, March 19, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its first quarter 2024 financial results on Tuesday, April 23, 2024.
LKQ Corporation's Q4 financials show growth in revenue and a decrease in EBITDA margin. Strong performance in North America and Europe and opportunities for consolidation and procurement efficiencies. I maintain my buy rating on LKQ due to a combination of positive growth outlook and potential for margin expansion.
LKQ has a volatile revenue growth trend, but margins have remained robust throughout the years. The company's Europe segment is the largest, and it has been working on integration and centralization to streamline operations and improve efficiency. The rising average age of vehicles is driving demand for maintenance and repair, providing a positive outlook for LKQ's business.
LKQ reports mixed fourth-quarter results and envisions full-year 2024 parts and services organic revenue growth in the range of 3.5-5.5%.
Although the revenue and EPS for LKQ (LKQ) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
LKQ (LKQ) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.78 per share a year ago.
The Zacks Consensus Estimate for LKQ's fourth-quarter earnings per share and revenues is pegged at 75 cents and $3.51 billion, respectively.
LKQ (LKQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CHICAGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) will release its fourth quarter and full year 2023 financial results on Thursday, February 22, 2024.
LKQ is undervalued compared to its peers and has a stable business, making it a strong value play. The company is a leading provider of alternative and specialty parts for automobiles and has a diverse customer base. LKQ's recent financial performance has been positive, with organic growth, strong cash flow, and a commitment to returning value to shareholders.