While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find s ...

Core Insights - LKQ Corporation is facing challenges from both the insurance premium cycle and the used car price cycle, which are negatively impacting its business performance [1] - Despite these challenges, the company is effectively managing its capital allocation and maintaining strong cost control, allowing it to generate consistent cash flow [1] Company Overview - LKQ Corporation operates in a cyclical industry, which means its performance is influenced by various economic cycles [1] - The company has a focus on leveraging data analytics to understand market dynamics, which is crucial for navigating the complexities of the commodities market [1] Financial Performance - The company continues to produce cash flow despite adverse market conditions, indicating resilience and effective management strategies [1]

ANTIOCH, Tenn., Dec. 11, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) (“LKQ” or the “Company”) today announced that it has appointed James S. Metcalf to its Board of Directors (the “Board”) as a new independent director effective December 11, 2024, as part of the Board’s ongoing refreshment process. The Company also announced that Dominick Zarcone has decided not to stand for re-election and will retire from the Board when his term expires in connection with the Company’s 2025 Annual Meeting. Foll ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________________________________ FORM 10-Q ____________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number: 001-42002 ____________________________ LKQ CORPORATION (Exact name o ...

LKQ Corporation (LKQ) delivered adjusted earnings of 88 cents per share for third-quarter 2024, which beat the Zacks Consensus Estimate of 87 cents and rose from 86 cents reported in the year-ago period. The aftermarket auto parts distributor registered quarterly revenues of $3.58 billion, missing the Zacks Consensus Estimate of $3.63 billion. The top line, however, grew from the year-ago level of $3.56 billion. Parts and services organic revenues decreased 2.8% year over year.Stay up-to-date with the quart ...

LKQ (LKQ) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.15%. A quarter ago, it was expected that this vehicle components company would post earnings of $1.03 per share when it actually produced earnings of $0.98, delivering a surprise of -4.85%.Over the last four quarters, the com ...

Exhibit 99.1 LKQ CORPORATION ANNOUNCES RESULTS FOR THIRD QUARTER 2024 • Revenue of $3.6 billion (a 0.5% increase compared to the same period in 2023) • Diluted EPS of $0.73; adjusted diluted EPS of $0.88 • Third quarter operating cash flow of $420 million; free cash flow of $341 million • Repurchased $125 million of LKQ shares • $1 billion increase to stock repurchase program announced, raising the aggregate authorization to $4.5 billion through October 25, 2026 • Dividend of $0.30 per share approved to be ...

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) ...

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 b ...

Core Insights - LKQ is expected to report quarterly earnings of $0.87 per share, a 1.2% increase year-over-year, with revenues projected at $3.63 billion, reflecting a 1.8% year-over-year increase [1] - There has been a downward revision of 0.8% in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their forecasts [1] - Analysts emphasize the importance of earnings estimate revisions as indicators for predicting investor actions regarding the stock [1] Revenue Estimates - The consensus estimate for 'Revenue- Other- Total' is $141.31 million, indicating a year-over-year decrease of 12.2% [2] - 'Revenue- Parts and Services' is expected to reach $3.51 billion, showing a year-over-year increase of 3.2% [2] - 'Revenue- Parts and Services- Specialty' is projected at $451.42 million, reflecting a year-over-year decline of 1% [2] Regional Revenue Projections - 'Revenue- Parts and Services- Europe' is estimated to be $1.59 billion, indicating a year-over-year increase of 0.9% [3] - 'Revenue- Parts and Services- Wholesale - North America' is expected to reach $1.42 billion, reflecting a year-over-year increase of 7.9% [3] - 'Revenue- Parts and Services- Self Service' is projected at $53.32 million, indicating a year-over-year decline of 8.1% [3] Organic Growth Estimates - 'Organic Growth - Parts and services - Wholesale - North America' is expected to be -3.1%, down from 4.1% reported in the same quarter last year [3] - 'Organic Growth - Parts and services - Europe' is projected at 1.1%, down from 5.1% reported in the same quarter last year [4] - The average prediction for 'Organic Growth - Parts and services' is -1.1%, compared to 3% in the same quarter last year [4] Stock Performance - LKQ shares have decreased by 1.8% in the past month, contrasting with a 4.5% increase in the Zacks S&P 500 composite [4] - LKQ holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market in the near term [4]