LKQ (NASDAQ:LKQ) Issues Q3 2026 Earnings Guidance

LKQ (NASDAQ:LKQ) issued an update on its third quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.470-0.530 for the period, compared to the consensus earnings per share estimate of 0.690. The company issued revenue guidance of $3.3 billion, compared to the consensus revenue estimate of $3.4 billion.

LKQ Price Performance

LKQ stock opened at $17.42 on Friday. The stock has a market cap of $4.41 billion, a P/E ratio of 9.68 and a beta of 0.87. The company has a fifty day simple moving average of $23.56 and a 200-day simple moving average of $25.66. LKQ has a 12-month low of $17.21 and a 12-month high of $37.13. The company has a current ratio of 1.58, a quick ratio of 0.61 and a debt-to-equity ratio of 0.52.

LKQ (NASDAQ:LKQ) last posted its earnings results on Thursday, July 30th. The auto parts company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.04). LKQ had a net margin of 3.37% and a return on equity of 10.84%. The business had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.48 billion. During the same period last year, the company earned $0.87 EPS. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. Equities analysts expect that LKQ will post 2.65 EPS for the current fiscal year.

LKQ Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $1.20 dividend on an annualized basis and a yield of 6.9%. LKQ’s payout ratio is 66.67%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on LKQ. Barrington Research downgraded shares of LKQ from an “outperform” rating to a “market perform” rating in a research note on Friday. Zacks Research downgraded LKQ from a “hold” rating to a “strong sell” rating in a research note on Monday, August 3rd. Roth Capital set a $35.00 price target on LKQ in a research report on Monday, August 3rd. Raymond James Financial set a $30.00 target price on shares of LKQ in a research report on Friday, July 31st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $30.00 target price on shares of LKQ in a report on Friday. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $30.50.

Trending Headlines about LKQ

Here are the key news stories impacting LKQ this week:

• Positive Sentiment: New CEO appointed: Salvatore A. Abbate, described as an experienced distribution executive, will become president and CEO on December 15, potentially improving execution and providing a fresh start. LKQ appoints Salvatore A. Abbate as CEO
• Positive Sentiment: Turnaround support added: LKQ retained Alvarez & Marsal to advise on its European operations, which could accelerate corrective actions related to execution and profitability. LKQ preliminary third-quarter results and operational actions
• Neutral Sentiment: Full results pending: LKQ plans to release complete third-quarter results on October 29, which should provide more detail on the European disruption and the company’s recovery plans.
• Negative Sentiment: Preliminary results missed expectations: Revenue was approximately $3.32 billion, down from $3.50 billion a year earlier and below the roughly $3.4 billion consensus. LKQ expects a net loss of $16 million to $32 million and adjusted diluted EPS of $0.47–$0.53, versus an analyst estimate near $0.69. LKQ preliminary Q3 results
• Negative Sentiment: Europe is the primary problem: European parts-and-services organic revenue fell 9.8%, reflecting an ERP implementation disruption in Germany and lower volumes in the United Kingdom and Benelux. The segment’s expected EBITDA margin was only 4.1%–5.1%.
• Negative Sentiment: Visibility has weakened: LKQ withdrew its full-year 2026 financial guidance. CEO Justin Jude and LKQ Europe chief Andy Hamilton also departed, increasing uncertainty during the turnaround. LKQ pulls 2026 guidance and names new CEO
• Negative Sentiment: Analyst sentiment deteriorated: Barrington Research downgraded LKQ from “outperform” to “market perform.” A law firm also announced an investigation into whether investors were misled about European operations and the German software rollout.

LKQ Company Profile

LKQ Corporation is a global distributor of automotive parts and accessories. The company supplies replacement parts, components and equipment to professional repair shops, collision-repair businesses, insurers, dealerships and other commercial customers. Its product offerings include recycled original-equipment parts, aftermarket parts, specialty vehicle products, tools and equipment.

LKQ’s operations include the procurement, dismantling and distribution of salvaged vehicles, allowing it to provide recycled engines, transmissions, body panels and other components.