LKQ Corporation (LKQ) Tops Q2 EPS by 37c
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LKQ Corporation Announces Results for Second Quarter 2020
July 30, 2020 6:00 AM EDTSecond quarter 2020 revenue of $2.6 billion (down 19.1% year-over-year)Parts and services organic revenue declined 16.8%Implemented targeted cost actions contributing to sequential expense reductionNet income1 of $119 million (down 21.2%); adjusted net income of $161 million (down 20.9%)Diluted EPS1 of $0.39 (down 18.8%); adjusted diluted EPS of $0.53 (down 18.5%)Second quarter 2020 operating cash flow of $718 million (up 56%); free cash flow of $686 million (up... More
