LKQ Falls Short of Q2 Earnings Estimates, Cuts 2024 Guidance
LKQLKQ (LKQ) ZACKS·2024-07-26 01:26

LKQ Corporation (LKQ) delivered adjusted earnings of 98 cents per share for second-quarter 2024, which missed the Zacks Consensus Estimate of $1.03 and decreased from $1.09 reported in the year-ago period. The aftermarket auto parts distributor registered quarterly revenues of $3.70 billion, missing the Zacks Consensus Estimate of $3.86 billion. The top line, however, grew from the year-ago level of $3.44 billion. Parts and services organic revenues decreased 2.1% year over year.Segment HighlightsIn the rep ...