LKQ Corp. reduced its FY 2024 earnings forecast to 3.500-3.700 EPS, missing Q1 consensus estimate by $0.13.

LKQ Corp. (NASDAQ:LKQ) trimmed its FY 2024 earnings forecast, providing an EPS guidance range of 3.500-3.700, lower than the consensus estimate of 3.920. The auto parts distributor reported Q1 EPS of $0.82, missing the consensus estimate by $0.13, and had revenue of $3.70B, down from analyst estimates of $3.76B. LKQ has a moderate buy average rating, with an average target price of $61.60 and a market cap of $10.17B.

July 25, 2024
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