LKQ Reports Fourth-Quarter Earnings Beat
ANTIOCH, Tenn. - LKQ Corp. (LKQ) announced fourth-quarter net income of $156 million, or 60 cents per share. Adjusted for non-recurring items, earnings reached 80 cents per share, exceeding analyst estimates of 75 cents per share.
Revenue for the quarter came in at $3.36 billion, slightly below the $3.42 billion consensus. For the full year, LKQ reported net income of $690 million, or $2.62 per share, on revenue of $14.36 billion.
The company projects full-year earnings in the range of $3.40 to $3.70 per share.