LKQ Earnings Prediction
The chart below shows how LKQ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LKQ sees a +2.87% change in stock price 10 days leading up to the earnings, and a +0.64% change 10 days following the report. On the earnings day itself, the stock moves by -2.97%. This data can give you a slight idea of what to expect for the next quarter's release.
LKQ Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.58B
0.45%
-3.42%
Gross Margin
36.33%
-1.49%
-0.87%
Operating Margin
9.24%
-2.22%
-10.72%
Net Margin
5.36%
-7.59%
6.99%
EPS
0.73
-5.19%
4.29%
No Data Available
LKQ Earnings Analysis
LKQ Corporation Corporation (LKQ.O) Earnings Conference Call
Positive
Share Repurchase Commitment: In Q3, LKQ repurchased 3 million shares for approximately $125 million, demonstrating a strong commitment to returning value to shareholders.
Quarterly Dividend Announcement: The company reported a quarterly dividend of $0.30 per share, totaling $79 million, reflecting confidence in ongoing cash flow generation.
Strong Free Cash Flow: LKQ generated $341 million in free cash flow during the quarter, bringing the year-to-date total to $661 million, showcasing strong cash generation capabilities.
Earnings Per Share Increase: The adjusted diluted earnings per share increased by 2% compared to Q3 last year, indicating improved profitability.
EBITDA Margin Improvement: Segment EBITDA margins improved by 30 basis points year-over-year, reflecting operational efficiency and cost management efforts.
Negative
North America Revenue Decline: North America revenue declined by 7.5% on a per day basis, which was larger than what was reported in the first two quarters.
Repairable Claims Decline: Repairable claims decreased by 9.5% following a 7.0% drop in the second quarter, indicating a continued negative trend.
North America Revenue Decline: Organic revenue in North America declined significantly, driven largely by after-market and paint volumes, contributing to lower overall earnings in the specialty segment.
Organic Revenue Decline: The third quarter saw a decline in organic revenue by 10% on a per-day basis compared to 2% in the first half, reflecting worsening economic conditions.
Restructuring Charges Impact: The company incurred $14 million in charges for the quarter due to restructuring efforts, indicating ongoing financial strain.
LKQ FAQs
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LKQ Earning Call Sentiment
LKQ Corporation (LKQ) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
LKQ.O
0.94%Positive
The earnings call highlights several concerns: declining guidance for revenue and EPS, lower EBITDA margins in key segments, and profitability risks. The Q&A session reveals competitive pressures and unclear management responses on key issues, further dampening sentiment. Despite positive shareholder return actions, such as share repurchases and dividends, the overall sentiment is negative due to weak financial guidance and operational challenges. The market is likely to react negatively in the short term.
