LKQ Q2 Adj EPS $1.09 Beats $1.07 Estimate, Sales $3.44B Miss $3.46B Estimate
Portfolio Pulse from Benzinga Newsdesk
LKQ Corporation reported Q2 adjusted earnings of $1.09 per share, beating the analyst consensus estimate of $1.07 by 1.87%. However, the company's quarterly sales of $3.44 billion missed the analyst consensus estimate of $3.46 billion by 0.58%. The sales figure represents a 2.96% increase over the same period last year.
July 27, 2023 | 10:01 am
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LKQ's Q2 earnings beat estimates but sales missed, indicating mixed performance. This could lead to uncertain market reactions.
LKQ's earnings beat the estimates, which is a positive signal for investors. However, the company missed the sales estimates, which could be a concern. The mixed results may lead to uncertain short-term price movements.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100