LKQ

The most recent earnings report from LKQ Corporation (NASDAQ:LKQ) was disappointing for shareholders. Despite the soft profit numbers, our analysis has optimistic about the overall quality of the income statement. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Importantly, our data indicates that LKQ's profit was reduced by US$116m, due to unusual items, over the last year. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. If LKQ doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Because unusual items detracted from LKQ's earnings over the last year, you could argue that we can expect an improved result in the current quarter. Based on this observation, we consider it likely that LKQ's statutory profit actually understates its earnings potential! Unfortunately, though, its earnings per share actually fell back over the last year. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. For example, we've discovered 1 warning sign that you should run your eye over to get a better picture of LKQ. Today we've zoomed in on a single data point to better understand the nature of LKQ's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerne...

Image source: The Motley Fool. Thursday, October 30, 2025 at 8 a.m. ET President and Chief Executive Officer — Justin Jude Executive Vice President and Chief Financial Officer — Rick Galloway Justin Jude: Thank you, Joe and good morning to everyone joining us on the call today. I am extremely proud of our performance this quarter, demonstrating both the resilience of our business and the impact of our strategic initiatives. With some positive operational performance and onetime tax benefits, we have confidence in our full year outlook to raise our midpoint and narrow the range. While I understand that most of you are interested in the financials, it's important to emphasize that our strong performance is a direct result of the relentless dedication and commitment of our teams across the globe who have enabled us to execute and succeed against our strategic pillars. Let me make some quick general comments on our markets before diving into specifics. We are seeing ongoing macro challenges, including reduced consumer spending and lower demand for vehicle repairs. As recent headlines have shown, other automotive companies are facing similar issues. However, our team has remained focused on controlling the things that we can control. In most areas of our business, we have outperformed the market and we're able to pass through costs. We are in execution mode. And as I mentioned on our last earnings call, we are focused on a multiyear transformation centered around 4 strategic priorities of simplifying our portfolio and operations, expanding our lean operating model globally with a focus on margin improvement, investing and growing organically and pursuing a disciplined capital allocation strategy. To that end, I would like to highlight certain notable achievements from this quarter. First, we completed the sale of our Self Service segment to Pacific Avenue Capital Partners for $410 million. We were very pleased to see strong interest in business. As a result of this sale, we have not only simplified our business but strengthened our balance sheet, which we believe is prudent to do in these uncertain economic times. The proceeds from the sale of Self Service have been used to reduce debt. We are prioritizing maintaining a strong balance sheet and our investment-grade rating to navigate market challenges, especially in these uncertain times. During the quarter, we h...

Image source: The Motley Fool. Thursday, July 24, 2025 at 8 a.m. ET President and Chief Executive Officer — Justin L. Jude Senior Vice President and Chief Financial Officer — Rick Galloway Justin L. Jude: Thank you, Joe, and good morning to everyone joining us on the call. As you all know, I have now been in the CEO role for a full year. The year has presented some macro challenges and some short-term operational obstacles, but also opportunities for longer- term value creation. Alongside my leadership team, we have made some tough but necessary decisions to fundamentally reshape how we operate and put us back to a path of consistent value creation. The decisions made are aligned with our overarching strategy, a multiyear transformation to simplify our portfolio, sharpen our focus and position us as a high-performing company centered on our core business segments. Our global team is laser-focused on growing our market share while driving productivity and efficiently managing our cost structure. At our September 2024 Investor Day, we set our strategic priorities, simplify our business portfolio and operations, expand our lean operating model globally with a focus on margin enhancement, invest and grow organically and pursue a disciplined capital allocation strategy. And so as we move forward, we are going to share how we are doing against each of these a scorecard, if you will, that makes it clear for the investment community to see how we are doing. I can't sugarcoat that today, the results are yet to show this progress and the macro headwinds necessitated our revised guidance. We are not where we need to be, and so we are going to push harder and move faster. To that end, we are focused on 2 immediate things. One, additional cost-cutting measures, primarily in Europe but also in North America with a goal of cutting another $75 million in costs; two, a heightened emphasis on the strategic review of our business units in operations that may result in the sale of assets that further accelerate our simplification strategy and capital allocation priorities. We are seeing a turn in the market for strategic activity with credit markets opening. Momentum behind midsized transactions and private equity actively seeking to deploy capital. While this will not be a linear process, I remain confident that we are on track to realize the full benefits of this strategy by...

Image source: The Motley Fool. Thursday, April 30, 2026 at 8 a.m. ET President and Chief Executive Officer — Justin Jude Chief Financial Officer — Rick Galloway Justin Jude: Thank you, Joe, and good morning, everyone. We appreciate you joining us today. Q1 was another quarter of solid progress across our operating segments, and we're increasingly confident in our positioning as North America continues to recover. This quarter reflected the team's operating discipline and relentless focus on the things within our control, taking market share, protecting margins and improving productivity. LKQ has started 2026 with a strong foundation, featuring a more focused organization, disciplined execution and an unwavering commitment to long-term value creation. Now I'll provide a brief update on each segment, highlighting demand trends, commercial execution and the actions we're taking to expand profitability. North America organic revenue declined 0.5% on a per day basis, an improvement over last year's decline of 4.1% and a sequential improvement from Q4's decline of 1%. These results highlight a gradual recovery and reinforce our confidence in the direction of our North American operations. Comparable claims were down approximately 2% to 4%, demonstrating steady recovery from the levels we saw throughout 2025. Importantly, we achieved strong performance in our aftermarket collision product line, surpassing the growth levels of the segment. This positive momentum was partly driven by an increase in utilization of alternative parts, which reached a record high of nearly 40% through February, and we anticipate that this favorable trend continues in March as well. We also renewed several MSO agreements and further integrating ordering capabilities with our key partners. These integrations are designed to increase the ease and velocity of ordering, improved procurement workflows and position us to capture more share of wallet. Elitek, our calibration and diagnostic business delivered strong organic growth and healthy EBITDA margins in the quarter. For context, an increasing share of collision repairs require calibration and diagnostics. And we estimate that requirement has risen to roughly 75% today from about 62%, 3 years ago. We view this as a durable, long-term tailwind, and a compelling opportunity to extend our service offering. Our bumper to bumper hard parts busin...

North American operations showed sequential improvement as repairable claims recovered from 2025 lows, supported by a record 40% alternative parts utilization rate. Management attributed the North American recovery to rising used car values, which reduce total loss frequency by making vehicle repairs more economically viable compared to replacement. European performance was characterized by early-quarter softness followed by steady month-over-month demand improvement, particularly in Germany and Eastern Europe. The company is leveraging its pan-European scale through private label expansion, reaching 25.3% penetration, while using introductory pricing to build customer confidence in exclusive brands. Specialty segment growth of 3.4% was driven by strong demand in RV and marine sectors, marking three consecutive quarters of organic growth. Operational discipline focused on 'controlling the controllable' through productivity initiatives and cost-saving measures to offset inflationary pressures and competitive pricing environments. Full-year 2026 guidance remains reaffirmed, though management maintains a cautious stance by not yet factoring a full market recovery into the baseline outlook. The company expects North American EBITDA margins to normalize in the second half of the year as it laps the anniversary of tariff-related cost increases. A major ERP migration in a key European market, completed in April, is expected to enable future process standardization and cost reduction despite temporary sales disruptions. Management is evaluating a full range of strategic alternatives with financial advisors to maximize shareholder value, though no immediate updates are expected. The divestiture process for the Specialty segment remains active but faces timing uncertainty due to tightened credit markets affecting potential buyers' financing terms. Reported EPS included a $0.17 per share non-cash impairment related to the equity method investment in Mekonomen. Specialty segment EBITDA was impacted by $6 million in higher-than-normal credit losses related to a specific nontrade receivable. North American gross margins were diluted by the pass-through of tariff pricing and shifts in customer mix toward larger MSO partners. Geopolitical tensions were explicitly cited as a factor introducing volatility into credit markets, impacting the strategic divestiture timeline. Our...

LKQ Corporation LKQ posted first-quarter 2026 adjusted earnings of 67 cents per share, matching the Zacks Consensus Estimate and declining 15.2% from the year-ago quarter. Quarterly revenues came in at $3.47 billion, beating the consensus mark of $3.42 billion by 1.46% and remaining flat year over year. Parts and Services organic revenues decreased 1.6% year over year. LKQ Corporation price-consensus-eps-surprise-chart | LKQ Corporation Quote LKQ’s North American segment generated $1,440 million of revenues in the first quarter, up from $1,412 million a year ago, as actions on pricing and mix helped offset softer underlying volumes. The repairable claims were down about 2% to 4% versus the prior year, a dynamic that weighed on demand in some product lines. Profitability in the segment also faced tariff and mix headwinds. North America's gross margin was 42.4% versus 44.4% a year ago, due to lower vendor rebates, an unfavorable customer mix, and cost inflation, partially offset by pricing initiatives and stronger other revenues. The segment’s EBITDA was $203 million, down from $217 million generated in the first quarter of 2025. LKQ’s European segment reported revenues of $1.62 billion compared with $1.52 billion in the year-ago period, with foreign exchange acting as a key contributor. Organic parts-and-services revenues declined 4% in Europe, reflecting near-term economic pressure and intensified competition in certain markets. Margins remained under pressure as pricing competitiveness and input costs flowed through. Europe's gross margin was 38.3% versus 38.8% a year ago, while SG&A rose to $500 million from $459 million. The segment’s EBITDA came in at $126 million, which was down from the year-ago level of $141 million. LKQ’s Specialty segment continued to post organic growth, with revenues rising to $409 million from $394 million in the prior-year quarter. Volume growth in marine and RV product lines was the key driver behind the 3.4% organic increase. Despite the higher revenues, profitability moved lower. Segment EBITDA declined to $18 million from $21 million a year ago, as SG&A increased to $84 million from $76 million. The company attributed the higher cost base primarily to a $6 million increase in credit loss reserves on non-trade receivables. LKQ had cash and cash equivalents of $335 million as of March 31, 2026, up from $319 million recorded as...

ANTIOCH, Tenn. (AP) — ANTIOCH, Tenn. (AP) — LKQ Corp. (LKQ) on Thursday reported first-quarter profit of $79 million. On a per-share basis, the Antioch, Tennessee-based company said it had profit of 31 cents. Earnings, adjusted for one-time gains and costs, came to 67 cents per share. The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 67 cents per share. The vehicle components company posted revenue of $3.47 billion in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $3.42 billion. LKQ expects full-year earnings in the range of $2.90 to $3.20 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LKQ at https://www.zacks.com/ap/LKQ

LKQ (LKQ) reported Q1 adjusted earnings Thursday of $0.67 per diluted share, down from $0.74 a year

Board of Directors Initiated a Comprehensive Review of Strategic Alternatives to Enhance Shareholder Value Maintains Focus on Returning Capital to Shareholders with $77 million in Cash Dividends to Shareholders Dividend of $0.30 Per Share Approved to be Paid in Second Quarter of 2026 ANTIOCH, Tenn., April 30, 2026 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today reported first quarter 2026 financial results. “We are operating in a challenging environment and are focused on improving our results. Our teams are taking deliberate actions to reduce costs, streamline operations while taking market share, and position ourselves for success going forward as the environment improves. In North America, our business held up well in the quarter with above market growth, and we’re starting to see signs of recovery in the market. In Europe, we saw continual improvements through the quarter, and we’re continuing to work on integration. In early April, we took a large step forward with an ERP migration in a major market that is part of our overall operational improvement initiatives. But there is more work to do. We are operating with urgency and focused on execution, improving our customer relationships, and strengthening the business to create value for our shareholders,” commented Justin Jude, President and Chief Executive Officer. First Quarter 2026 Financial and Operating Results Revenue for the first quarter of 2026 was $3,469 million, an increase of 4.3% compared to $3,327 million for the first quarter of 2025. Total parts and services revenue increased 3.6%, which included a 5.1% increase from foreign exchange rates year over year, a 1.6% decrease in parts and services organic revenue, and the net impact of acquisitions and divestitures, which increased revenue by 0.2%. Net income2 was $77 million compared to $158 million for the same period of 2025. Diluted earnings per share2 was $0.30 compared to $0.61 for the same period of 2025, a decrease of 50.8%. Net income2 for the three months ended March 31, 2026 included a $44 million (or $0.17) impairment of our equity method investment in Mekonomen. On an adjusted basis, net income1,2 was $171 million compared to $193 million for the same period of 2025. Adjusted diluted earnings per share1,2 was $0.67 compared to $0.74 for the same period of 2025, a decrease of 9.5%. Strategic Initiatives On January 26, 2026,...

LKQ (LKQ) reported $3.47 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 0.2%. EPS of $0.67 for the same period compares to $0.79 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.42 billion, representing a surprise of +1.46%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.67. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how LKQ performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue - Organic - YoY change: -0.9% compared to the -0.4% average estimate based on two analysts. Organic Growth - Parts and services - Wholesale - North America: -0.4% versus -0.9% estimated by two analysts on average. Organic Growth - Other: 25.9% versus 5.6% estimated by two analysts on average. Organic Growth - Parts and services - Specialty: 3.4% compared to the 6.3% average estimate based on two analysts. Revenue- Other- Total: $107 million versus the three-analyst average estimate of $116.56 million. The reported number represents a year-over-year change of -36.3%. Revenue- Parts and Services- Europe: $1.61 billion compared to the $1.55 billion average estimate based on three analysts. The reported number represents a change of +6.5% year over year. Revenue- Parts and Services: $3.36 billion versus $3.3 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2% change. Revenue- Parts and Services- Specialty: $408 million versus $414.31 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +3.8% change. Revenue- Parts and Services- Wholesale- North America: $1.34 billion versus the three-analyst average estimate of $1.33 billion. The reported number represents a year-over-year change of +0.4%. Revenue- Specialty: $409 million compared to the $418.97 million average esti...

LKQ (LKQ) came out with quarterly earnings of $0.67 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this vehicle components company would post earnings of $0.65 per share when it actually produced earnings of $0.59, delivering a surprise of -9.23%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. LKQ, which belongs to the Zacks Automotive - Replacement Parts industry, posted revenues of $3.47 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.46%. This compares to year-ago revenues of $3.46 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. LKQ shares have added about 1.5% since the beginning of the year versus the S&P 500's gain of 4.2%. While LKQ has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for LKQ was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current...

Mister Car Wash (MCW) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +13.04%. A quarter ago, it was expected that this car wash operator would post earnings of $0.1 per share when it actually produced earnings of $0.11, delivering a surprise of +10%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Mister Car Wash, which belongs to the Zacks Automotive - Replacement Parts industry, posted revenues of $277.91 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.50%. This compares to year-ago revenues of $261.66 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Mister Car Wash shares have added about 27.3% since the beginning of the year versus the S&P 500's gain of 4.3%. While Mister Car Wash has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Mister Car Wash was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of...