LKQ Corporation (LKQ) Misses Q1 EPS by 4c, Beats on Revenues; Lowers FY18 EPS Guidance Below Consensus

LKQ Corporation (NASDAQ: LKQ) reported Q1 EPS of $0.55, $0.04 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $2.72 billion versus the consensus estimate of $2.61 billion.

• Revenue growth of 16.1% to $2.72 billion
• Organic revenue growth for parts and services of 3.7%
• Growth of net income from continuing operations attributable to LKQ stockholders of 9% to $153 million
• First quarter 2018 diluted EPS from continuing operations attributable to LKQ stockholders of $0.49; adjusted diluted EPS of $0.55
• 2018 annual earnings guidance updated

GUIDANCE:

LKQ Corporation sees FY2018 EPS of $2.20-$2.30, versus the consensus of $2.33.

For earnings history and earnings-related data on LKQ Corporation (LKQ) click here.

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