Skip to main content

LKQ: Q4 Earnings Snapshot

ANTIOCH, Tenn. (AP) — ANTIOCH, Tenn. (AP) — LKQ Corp. (LKQ) on Thursday reported fourth-quarter net income of $66 million.

On a per-share basis, the Antioch, Tennessee-based company said it had net income of 26 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 59 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.

The vehicle components company posted revenue of $3.31 billion in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $3.26 billion.

For the year, the company reported profit of $607 million, or $2.35 per share. Revenue was reported as $13.65 billion.

LKQ expects full-year earnings in the range of $2.90 to $3.20 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LKQ at https://www.zacks.com/ap/LKQ

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story