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LKQ's Q1 Adjusted EPS Declines, Revenue Rises; Provides 2024 Guidance; Shares Drop 4% Pre-Bell
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LKQ's Q1 Adjusted EPS Declines, Revenue Rises; Provides 2024 Guidance; Shares Drop 4% Pre-Bell
Apr 23, 2024 5:29 AM

08:00 AM EDT, 04/23/2024 (MT Newswires) -- LKQ (LKQ) reported Q1 adjusted earnings Tuesday of $0.82 per diluted share, compared with $1.04 a year earlier.

Analysts surveyed by Capital IQ expected $0.95.

Revenue for the quarter ended March 31 was $3.70 billion, compared with $3.35 billion a year earlier. Analysts surveyed by Capital IQ expected $3.76 billion.

For fiscal year 2024, the company expects adjusted EPS to be in the range of $3.90 to $4.20. Analysts surveyed by Capital IQ are expecting $4.08.

Shares of LKQ were down close to 4% in recent premarket activity.

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