| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 3.7B | +6% |
| Gross Profit | 1.5B | +4% |
| Cost Of Revenue | 2.3B | +7% |
| Operating Income | 289MM | +4% |
| Operating Expenses | 1.2B | - |
| Net Income | 158MM | -11% |
| G&A | 1B | +2% |
| Amortization | 89MM | +1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
LKQ Corporation (NASDAQ:LKQ) Q1 2024 Earnings Call Transcript April 23, 2024 LKQ Corporation misses on earnings expectations. Reported EPS is $ EPS, expectations were $0.94. LKQ isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning everyone. My name is, […]
LKQ ( NASDAQ:LKQ ) First Quarter 2024 Results Key Financial Results Revenue: US$3.70b (up 11% from 1Q 2023). Net...
Amidst fluctuating market conditions, LKQ Corp reports a robust revenue increase and strategic adjustments to maintain its market position.
Comprehensive SWOT Analysis: Unveiling LKQ Corp's Financial Fortitude and Market Challenges
Q1 2024 LKQ Corp Earnings Call
Shares of automotive parts company LKQ (NASDAQ:LKQ) fell 14.8% in the morning session after the company reported first-quarter results with organic revenue, reported revenue, and EPS all falling below Wall Street's estimates. However, full-year guidance was maintained for adjusted EPS and free cash flow.
LKQ reports lower-than-expected first-quarter results and expects diluted EPS for full-year 2024 in the range of $3.32-$3.62, down from the previous guidance of $3.43-$3.73.
Despite Revenue Growth, LKQ Faces Earnings Pressure
Automotive parts company LKQ (NASDAQ:LKQ) missed analysts' expectations in Q1 CY2024, with revenue up 10.6% year on year to $3.70 billion. It made a non-GAAP profit of $0.82 per share, down from its profit of $1.04 per share in the same quarter last year.
Revenue of $3.7 billion (an 11% increase compared to the same period in 2023)Diluted EPS2 of $0.59; adjusted diluted EPS1,2 of $0.82Operating cash flow of $253 million; free cash flow1 of $187 millionDividend of $0.30 per share approved to be paid in the second quarter of 2024Completed an offering of €750 million of unsecured 4.125% senior notesUni-Select synergies accelerated and increased from $55 million to $65 millionRepurchased $30 million of LKQ shares CHICAGO, April 23, 2024 (GLOBE NEWSWI