LKQ Corporation (LKQ) Reports In-Line Q1 EPS, Revenues Miss; Offers FY19 EPS Mid-Point Guidance Below Consensus

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LKQ Corporation Announces Results for First Quarter 2019

April 25, 2019 6:00 AM EDT

Revenue growth of 14% to $3.1 billionOrganic revenue growth for parts and services of 0.1%; 1.3% on a per day basisNon-cash impairment charges of $52 million including assets held for saleNet income attributable to LKQ stockholders of $98 million (down 36%); adjusted net income of $176 million (up 4%)Diluted EPS attributable to LKQ stockholders of $0.31; adjusted diluted EPS of $0.56Operating cash flow of $177 million (up 22%); free cash flow of $124 million (up 50%)Repurchased 2.6 million shares for $70 million; paid down $60 million of... More