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LKQ Corp (LKQ)
NASDAQ:LKQ
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.68Last Year’s EPS
0.79Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of clear execution successes and persistent operating challenges. Positives include exceeding the free cash flow commitment ($847M), completing the self-service divestiture, meaningful cash returns and debt paydown, Specialty segment recovery and transaction interest, and active cost-reduction initiatives (restructuring, system integration). Offsetting these are notable weaknesses in Europe (double-digit SKU rationalization, revenue and margin declines), North America margin compression, lowered adjusted EPS versus prior year, goodwill impairment, and ongoing tariff and repairable-claims headwinds. Management provided conservative 2026 guidance, emphasizing cost control and prudence while citing early signs of demand improvement. Overall, the company demonstrated strong cash generation and disciplined capital allocation but faces meaningful near-term pressure on margins and top-line in key markets, producing a balanced outlook.Company Guidance
Exceeded Free Cash Flow Commitment
Delivered full-year free cash flow of $847,000,000 (above the $825,000,000 commitment). Q4 free cash flow was $274,000,000, driven primarily by trade working capital initiatives.
Revenue Growth in the Quarter
Reported continuing operations revenue of $3,300,000,000 in Q4, up 2.7% year-over-year.
Portfolio Simplification — Self-Service Divestiture
Completed sale of the self-service segment in 2025, simplifying the portfolio and sharpening focus on core assets.
Specialty Segment Strength and Transaction Interest
Specialty delivered 7.8% organic revenue growth (per day) in Q4 and 2.7% for full-year 2025, with two consecutive quarters of organic growth and an EBITDA margin of 4.5% (~40 bps improvement year-over-year). Company is exploring sale of the segment with robust interest.
Capital Returns and Balance Sheet Improvement
Returned $469,000,000 to shareholders in 2025 (including $116,000,000 in Q4). Paid down >$500,000,000 of debt in Q4 following the divestiture. Year-end total debt $3,700,000,000, leverage improved to 2.4x EBITDA. Revolver maturity extended to Dec 2030 and Canadian term loan extended to Mar 2029.
Cost Actions and Restructuring Program
Approved a restructuring plan expected to incur $60,000,000–$70,000,000 of costs in 2026 and generate >$50,000,000 in annualized savings (over half to be realized in 2026). Additional productivity initiatives and an ERP/system integration in Europe targeted to drive further cost reductions.
Gaining Market Share with MSOs and Product Wins
Grew share with MSOs (management cited volume 'up in the teens' with MSOs) through strengthened relationships, pricing discipline, and service levels. Bumper-to-bumper hard parts business grew in Canada with plans to expand across North America.
Conservative but Constructive 2026 Guidance
Management provided cautious 2026 outlook reflecting current conditions: organic parts & services growth of -0.5% to +1.5% (North America slightly positive, Europe slightly negative, Specialty mid-single digits), adjusted diluted EPS guidance $2.90–$3.20, and free cash flow guidance $708,000,000–$750,000,000.
LKQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LKQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 19, 2026 | $33.22 | $33.52 | +0.90% |
Oct 30, 2025 | $29.73 | $30.84 | +3.73% |
Jul 24, 2025 | $37.86 | $31.11 | -17.82% |
Apr 24, 2025 | $41.01 | $36.27 | -11.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does LKQ Corp (LKQ) report earnings?
LKQ Corp (LKQ) is schdueled to report earning on Apr 30, 2026, Before Open (Confirmed).
What is LKQ Corp (LKQ) earnings time?
LKQ Corp (LKQ) earnings time is at Apr 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LKQ EPS forecast?
LKQ EPS forecast for the fiscal quarter 2026 (Q1) is 0.68.