LKQ Q3 Adj EPS $0.86 Misses $0.96 Estimate, Sales $3.57B Beat $3.49B Estimate
Portfolio Pulse from Benzinga Newsdesk
LKQ Corporation reported Q3 earnings of $0.86 per share, missing the analyst consensus estimate of $0.96 by 10.42%. This is a decrease of 11.34% from the same period last year. However, the company's quarterly sales of $3.57 billion beat the analyst consensus estimate of $3.49 billion by 2.23%, marking a 14.95% increase from the same period last year.
October 26, 2023 | 10:07 am
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LKQ's Q3 earnings per share missed estimates, but sales exceeded expectations. This mixed performance may lead to uncertain short-term price movements.
LKQ's earnings per share missed the analyst consensus, which could negatively impact the stock price. However, the company's sales beat estimates, which could have a positive effect. These mixed results make the short-term price impact uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100