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LKQ Publishes 2023 Global Sustainability Report
globenewswire.com· 2024-05-28 14:00
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 op ...
LKQ Publishes 2023 Global Sustainability Report
Newsfilter· 2024-05-28 14:00
"We are pleased to issue this year's report which demonstrates how our teams are making meaningful progress to achieve our sustainability commitments across our global footprint with an ongoing effort to create long-term value for all stakeholders. I am proud to report that the investments we have made in our sustainability journey thus far have enabled the meaningful and positive outcomes that we are able to share in this year's report" said Dominick Zarcone, President, and Chief Executive Officer. In 2023 ...
LKQ (LKQ) Up 1.5% Since Last Earnings Report: Can It Continue?
zacks.com· 2024-05-23 16:36
It has been about a month since the last earnings report for LKQ (LKQ) . Shares have added about 1.5% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is LKQ due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. LKQ Q1 Earnings Miss Estimates, Decline Y/Y, Guidance Revis ...
LKQ Corporation Executes Agreement to Sell Elit Polska in Poland to MEKO AB
Newsfilter· 2024-05-10 10:08
CHICAGO, May 10, 2024 (GLOBE NEWSWIRE) -- LKQ Corporation (NASDAQ:LKQ) today announced that it has entered into a definitive agreement to sell Elit Polska, a Poland-based distributor of automotive parts, consumables and workshop equipment to MEKO AB ("MEKO"). The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals. Elit Polska's 2023 revenue was approximately $107 million. Justin Jude, Executive Vice Preside ...
S&P 500 Gains and Losses Today: Auto Parts Provider LKQ Sinks Amid Soft Demand
Investopedia· 2024-04-23 21:00
Key TakeawaysThe S&P 500 jumped 1.2% on Tuesday, April 23, 2024, as tech stocks helped drive a second straight day of gains ahead of key earnings reports this week.Globe Life shares moved higher after the insurer reported a year-over-year gain in net operating income.Auto parts provider LKQ Corp. posted lower-than-expected first-quarter sales and profits, citing soft demand, and its shares tumbled. Major U.S. equities indexes moved higher for the second consecutive day, extending their recovery from last w ...
LKQ (LKQ) - 2024 Q1 - Quarterly Report
2024-04-23 18:12
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 March 31, 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 of re ...
LKQ Q1 Earnings Miss Estimates, Decline Y/Y, Guidance Revised
Zacks Investment Research· 2024-04-23 17:11
LKQ Corporation (LKQ) delivered adjusted earnings of 82 cents per share for first-quarter 2024, which missed the Zacks Consensus Estimate of 94 cents and decreased from $1.04 reported in the year-ago period.The aftermarket auto parts distributor registered quarterly revenues of $3.7 billion, missing the Zacks Consensus Estimate of $3.79 billion. The top line, however, grew from the year-ago level of $3.35 billion. Parts and services organic revenues decreased 0.3% year over year.Segment HighlightsIn the rep ...
LKQ (LKQ) Misses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-23 12:11
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.77%. A quarter ago, it was expected that this vehicle components company would post earnings of $0.75 per share when it actually produced earnings of $0.84, delivering a surprise of 12%.Over the last four quarters, the comp ...
LKQ (LKQ) - 2024 Q1 - Quarterly Results
2024-04-23 11:28
Chicago, IL (April 23, 2024) -- LKQ Corporation (Nasdaq: LKQ) today reported first quarter 2024 financial results. "Our first quarter results were below our expectations as our Wholesale – North America segment was confronted with a reduction in repairable claims and the resulting pressure on demand, which we believe is primarily attributable to record warm weather across the United States. On the upside, we experienced positive organic growth in our Europe segment and generated robust free cash flow. Our s ...
LKQ Corporation Announces Results for First Quarter 2024
Newsfilter· 2024-04-23 10:00
Revenue of $3.7 billion (an 11% increase compared to the same period in 2023)Diluted EPS2 of $0.59; adjusted diluted EPS1,2 of $0.82Operating cash flow of $253 million; free cash flow1 of $187 millionDividend of $0.30 per share approved to be paid in the second quarter of 2024Completed an offering of €750 million of unsecured 4.125% senior notesUni-Select synergies accelerated and increased from $55 million to $65 millionRepurchased $30 million of LKQ shares CHICAGO, April 23, 2024 (GLOBE NEWSWIRE) -- LKQ C ...