LKQ Corporation (LKQ) Misses Q4 EPS by 2c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus

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LKQ Corporation Announces Results For Fourth Quarter And Full Year 2018

February 28, 2019 6:00 AM EST

Annual revenue growth of 22% to $11.9 billion; fourth quarter growth of 22%Annual organic revenue growth for parts and services of 4.4%; fourth quarter growth of 2.5%Operating cash flow of $711 million, up 37% compared to 2017Non-cash impairment charges of $97 million for the full year; $75 million recorded in the fourth quarterAnnual net income from continuing operations attributable to LKQ stockholders decreased 10.4% to $485 million; adjusted net income increased 18.5% to $691 millionAnnual diluted EPS from continuing operations attributable to LKQ stockholders of $1.53; adjusted diluted EPS of $2.19Fourth... More