LKQ shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS and sales. Additionally, the company lowered its FY24 adjusted EPS outlook.
Portfolio Pulse from Benzinga Newsdesk
LKQ shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS and sales. Additionally, the company lowered its FY24 adjusted EPS outlook.
July 25, 2024 | 1:47 pm
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LKQ shares are trading lower due to worse-than-expected Q2 adjusted EPS and sales, along with a lowered FY24 adjusted EPS outlook.
The company's disappointing Q2 earnings and sales, coupled with a lowered FY24 EPS outlook, are likely to negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100