The earnings call highlighted strategic initiatives aimed at cost reduction and market share growth, particularly in North America and the Specialty segment. However, the company faces significant challenges with revenue declines, economic pressures, and operational issues in Europe, as well as the impact of tariffs. Despite some positive developments, the overall sentiment is tempered by the revised guidance and ongoing challenges.

Company Guidance -

Q3 2025

During the LKQ Corporation's Second Quarter 2025 Earnings Conference Call, CEO Justin Jude outlined a strategic focus on cost-cutting and asset review to respond to macroeconomic challenges and operational hurdles. The company aims to cut an additional $75 million in costs, primarily in Europe, and is considering asset sales to streamline operations. Despite a 2.2% decline in North America's organic revenue, the company outperformed repairable claims by over 650 basis points. In Europe, organic revenue decreased by 4.9%, with competitive pressures and operational issues impacting performance. LKQ's strategic initiatives involve simplifying its portfolio, expanding its lean operating model, and enhancing margin performance, with the goal of realizing full benefits by 2027. The company revised its full-year guidance due to persistent economic softness and competitive market dynamics, projecting adjusted diluted EPS in the range of $3 to $3.30 and free cash flow between $600 million and $750 million.

North America Market Share Growth

North America's organic revenue fell by 2.2% per day, which is less of a decline than the last 5 quarters and outperformed repairable claims by over 650 bps, well above the historical 450 bps outperformance.

Cost Cutting Initiatives

The company has removed $125 million in costs in the past 12 months and is targeting an additional $75 million, primarily in Europe, to enhance margins.

Specialty Segment Improvement

Specialty's organic revenue was largely flat year-over-year, indicating the best quarterly year-over-year revenue performance since the fourth quarter of 2021, with positive trends continuing into July.

Positive Free Cash Flow

Free cash flow during the quarter was $243 million, despite a nearly $35 million headwind from tariffs, with year-to-date cash flows at $186 million.

Partnership Development

A partnership with SYNETIQ Limited in the UK aims to develop LKQ Europe salvage channel, leveraging North America's salvage intellectual capital.

LKQ (LKQ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LKQ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.76 / -	0.88	―	―	―
Jul 24, 2025	2025 (Q2)	0.92 / 0.87	0.98	-11.22% (-0.11)
Apr 24, 2025	2025 (Q1)	0.78 / 0.79	0.82	-3.66% (-0.03)
Feb 20, 2025	2024 (Q4)	0.74 / 0.80	0.84	-4.76% (-0.04)
Oct 24, 2024	2024 (Q3)	0.88 / 0.88	0.86	2.33% (+0.02)
Jul 25, 2024	2024 (Q2)	1.03 / 0.98	1.09	-10.09% (-0.11)
Apr 23, 2024	2024 (Q1)	0.95 / 0.82	1.04	-21.15% (-0.22)
Feb 22, 2024	2023 (Q4)	0.76 / 0.84	0.78	7.69% (+0.06)
Oct 26, 2023	2023 (Q3)	0.96 / 0.86	0.97	-11.34% (-0.11)
Jul 27, 2023	2023 (Q2)	1.08 / 1.09	1.09	0.00% (0.00)

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
Jul 24, 2025	$38.24	$31.43	-17.81%
Apr 24, 2025	$41.43	$36.64	-11.56%
Feb 20, 2025	$38.48	$40.77	+5.95%
Oct 24, 2024	$36.61	$36.50	-0.30%

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 Oct 30, 2025, Before Open (Confirmed).

What is LKQ Corp (LKQ) earnings time?

LKQ Corp (LKQ) earnings time is at Oct 30, 2025, 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 2025 (Q3) is 0.76.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing