LKQ Sees FY24 Adj EPS Of $3.90 - $4.20 Vs. $4.04 Est.
Portfolio Pulse from Benzinga Newsdesk
LKQ Corporation projects its adjusted earnings per share (EPS) for fiscal year 2024 to be in the range of $3.90 to $4.20, compared to the analyst estimate of $4.04.
April 23, 2024 | 10:07 am
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LKQ Corporation anticipates its adjusted EPS for FY24 to be between $3.90 and $4.20, which is around the analyst expectation of $4.04.
LKQ's projected EPS range for FY24 closely aligns with analyst expectations, suggesting a neutral short-term impact on its stock price. The forecast indicates management's confidence in the company's performance, but since it encompasses the analyst estimate, it may not significantly alter investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100