LKQ Corporation Announces Results for First Quarter 2020
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LKQ Corporation (LKQ) Tops Q1 EPS by 8c, Revenues Beat
April 30, 2020 6:14 AM EDTLKQ Corporation (NASDAQ: LKQ) reported Q1 EPS of $0.57, $0.08 better than the analyst estimate of $0.49. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.98 billion.
First quarter 2020 revenue of $3.0 billion (down 3.2% year-over-year)Parts and services organic revenue declined 3.5% (4.7% on a per day basis)Net income1 attributable to LKQ stockholders of $146 million (up 49%); adjusted net income of $176 million (flat compared to the prior year)Diluted EPS attributable to LKQ stockholders of $0.48; adjusted diluted EPS of $0.57Operating cash flow of $195 million (up 10%); free cash flow of $150 million (up 21%)Reduced... More