LKQ Corporation (NASDAQ: LKQ) reported Q4 EPS of $0.54, $0.02 better than the analyst estimate of $0.52. Revenue for the quarter came in at $3.01 billion versus the consensus estimate of $3.02 billion.

• Annual revenue growth of 5.3% to $12.5 billion; fourth quarter growth of 0.2%
• Annual organic revenue growth for parts and services of 0.3%; fourth quarter organic revenue growth for parts and services of 0.9%
• Annual diluted EPS from continuing operations attributable to LKQ stockholders of $1.74 (up 14%); adjusted diluted EPS of $2.37 (up 8%)
• Fourth quarter 2019 diluted EPS from continuing operations attributable to LKQ stockholders of $0.46 (up 254%); adjusted diluted EPS of $0.54 (up 13%);
• Annual operating cash flow of $1.06 billion (up 50%) and free cash flow of $798 million (up 73%)

“Looking back on 2019, our team worked hard to deliver on our three key initiatives of focusing on profitable revenue growth, sustainable margin expansion, and enhancing levels of cash flow. In 2019, our effective working capital management allowed us to produce the highest annual operating and free cash flow figures in the Company’s history. I am also pleased with our North America segment, which improved year-over-year segment EBITDA margins by 100 basis points,” stated Dominick Zarcone, President and Chief Executive Officer of LKQ Corporation. “In fiscal 2020, we will continue to focus on our productivity initiatives across each operating segment while managing the ongoing macro headwinds in Europe and the uncertainties relating to other geopolitical events.”

GUIDANCE:

LKQ Corporation sees FY2020 EPS of $2.46-$2.58, versus the consensus of $2.55.

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