LKQ (US:LKQ) ZACKSยท2024-10-21 14:21Core 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]