11:22 AM EDT, 04/23/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

LKQ (LKQ) shares fell nearly 13% in recent Tuesday trading after the company reported Q1 adjusted earnings 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.

Price: 42.69, Change: -6.24, Percent Change: -12.75