LKQ (US:LKQ) ZACKSยท2025-04-24 14:25Core Insights - LKQ Corporation reported adjusted earnings of 79 cents per share for Q1 2025, matching the Zacks Consensus Estimate but down from 82 cents in the same period last year [1] - Quarterly revenues were $3.46 billion, missing the Zacks Consensus Estimate of $3.57 billion and declining from $3.7 billion year-over-year [1] - Organic revenues from Parts and Services decreased by 4.3% year-over-year [1] Segment Highlights - Wholesale North American segment revenues were $1.41 billion, down 5.8% year-over-year and below the estimate of $1.51 billion; EBITDA was $222 million, below the forecast of $246 million and last year's $244 million [3] - European segment revenues totaled $1.52 billion, a decline of 7.4% year-over-year, missing the estimate of $1.55 billion; EBITDA was $141 million, slightly above the forecast of $140 million but down from $143 million year-over-year [4] - Specialty segment revenues were $394 million, down 7% year-over-year but exceeding the projection of $365 million; EBITDA was $21 million, down from $27 million year-over-year and matching the forecast [5] - Self-Service segment revenues were $136 million, slightly down from $137 million in Q1 2024 but exceeding the estimate of $124 million; EBITDA was $20 million, surpassing the estimate of $10.2 million and up from $16 million year-over-year [6] Financial Position & Dividend - As of March 31, 2025, LKQ had cash and cash equivalents of $227 million, down from $234 million at the end of 2024; long-term obligations were $3.84 billion, down from $4.13 billion [6] - Total debt stood at $4.4 billion as of March 31, 2025 [6] - The company announced a quarterly cash dividend of 30 cents per share, payable on May 29, 2025, to stockholders of record by May 15, 2025 [8] 2025 Guidance - LKQ anticipates organic revenue growth for parts and services in the range of 0-2% year-over-year; adjusted EPS is expected to be between $3.40 and $3.70 compared to $3.48 in 2024 [9] - The company projects operating cash flow between $1.075 billion and $1.275 billion and free cash flow in the range of $750 million to $900 million for 2025 [9]