The earnings call reflected a mix of strategic cost-cutting efforts and market share gains, particularly in North America, against a backdrop of revenue declines and challenging macroeconomic conditions in Europe. While there are positive developments and strategic initiatives underway, the lowered full-year outlook and tariff challenges weigh on the overall sentiment.
Company Guidance -
Q3 2025
During the LKQ Corporation's Second Quarter 2025 earnings call, the company revised its guidance due to ongoing market challenges. LKQ now anticipates negative organic parts and services revenue growth between 1.5% to 3.5% for the year. Adjusted diluted earnings per share (EPS) guidance has been lowered to a range of $3.00 to $3.30, a $0.40 reduction from the previous midpoint. The revised guidance stems from several factors, including a continued decline in repairable claims, competitive pressures, and macroeconomic headwinds in Europe. Despite these challenges, LKQ has undertaken cost-cutting measures, targeting an additional $75 million in savings, primarily in Europe, while maintaining a focus on simplifying its business portfolio and enhancing margins. Free cash flow is expected to be between $600 million and $750 million, impacted by lower earnings and tariff-related working capital challenges.
Cost Reduction Efforts
The company has removed $125 million in costs over the past 12 months and plans to cut an additional $75 million, primarily in Europe.
North America Market Share Gain
Despite a decline in repairable claims, North America's organic revenue fell by only 2.2% per day, outperforming repairable claims by over 650 basis points.
Specialty Segment Improvement
The Specialty segment's organic revenue was flat year-over-year, marking the best quarterly year-over-year revenue performance since Q4 2021.
Strong Cash Flow and Shareholder Returns
The company generated $243 million in free cash flow during the quarter and returned $117 million to shareholders through share repurchases and dividends.
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
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
$38.61
$31.73
-17.82%
Apr 24, 2025
$41.83
$36.99
-11.57%
Feb 20, 2025
$38.84
$41.16
+5.97%
Oct 24, 2024
$36.96
$36.85
-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.