Valued at a market cap of round $7.4 billion, LKQ Company (LKQ) is a worldwide chief in offering different and aftermarket automotive components, serving restore retailers, dealerships, and shoppers with recycled, remanufactured, and specialty parts. Headquartered in Chicago, the corporate operates throughout North America, Europe, and Asia by over 1,400 places and employs round 46,000 individuals.
LKQ is anticipated to announce its fiscal 2025 Q3 earnings outcomes earlier than the market opens on Thursday, Oct. 30. Forward of this occasion, analysts anticipate LKQ to report a revenue of $0.74 per share, down 15.9% from $0.88 per share within the year-ago quarter. The corporate has met or surpassed Wall Avenue’s earnings estimates in three of the final 4 quarters whereas lacking on one other event.
For the present yr, analysts anticipate LKQ to report an EPS of $3.10, down 10.9% from $3.48 in fiscal 2024. Nonetheless, its backside line is more likely to rise 10% yearly to $3.41 in FY2026
Shares of LKQ have declined 25.3% over the previous 52 weeks, lagging behind each the S&P 500 Index’s ($SPX) 14.4% surge and the Shopper Discretionary Choose Sector SPDR Fund’s (XLY) 19% return over the interval.
On Oct. 1, LKQ shares surged 1.9% after the firm accomplished the sale of its Self Service phase, Decide Your Half, to an affiliate of Pacific Avenue Capital Companions for $410 million. CEO Justin Jude acknowledged that the transfer aligns with LKQ’s technique to streamline operations, minimize prices, and strengthen its stability sheet by debt compensation.
On the brilliant facet, analysts’ consensus view on LKQ Company’s inventory is pretty bullish, with a “Average Purchase” score general. Amongst eight analysts masking the inventory, 5 advocate “Robust Purchase,” one suggests “Average Purchase,” one signifies “Maintain,” and one “Robust Promote.” Its imply value goal of $43 suggests a premium of 47.5% from the prevailing market costs.
On the date of publication, Kritika Sarmah didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All data and knowledge on this article is solely for informational functions. This text was initially revealed on Barchart.com
