LKQ (LKQ) Q4 Earnings Beat Estimates

Core Insights - LKQ reported quarterly earnings of $0.80 per share, exceeding the Zacks Consensus Estimate of$0.75 per share, but down from $0.84 per share a year ago, indicating a 4.76$3.36 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.73% and down from $3.5 billion year-over-year [2] - LKQ has surpassed consensus EPS estimates two times over the last four quarters, while it has not beaten consensus revenue estimates during the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$0.86 on revenues of $3.64 billion, and for the current fiscal year, it is$3.65 on revenues of $14.47 billion [7] - The estimate revisions trend for LKQ is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Automotive - Replacement Parts industry, to which LKQ belongs, is currently in the top 36% of over 250 Zacks industries, indicating a favorable position compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact LKQ's stock performance [5]