LKQ Corporation (LKQ)
Buy This Down and Out S&P 500 Dividend Stock
The S&P 500 has performed admirably in 2024, up nearly 22%.
LKQ Falls Short of Q2 Earnings Estimates, Cuts 2024 Guidance
LKQ misses second-quarter earnings and sales estimates. It now expects 2024 adjusted EPS in the range of $3.50-$3.70 for 2024, down from $3.90-$4.20 guided earlier.
Compared to Estimates, LKQ (LKQ) Q2 Earnings: A Look at Key Metrics
The headline numbers for LKQ (LKQ) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
LKQ (LKQ) Lags Q2 Earnings and Revenue Estimates
LKQ (LKQ) came out with quarterly earnings of $0.98 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $1.09 per share a year ago.
Wall Street Analysts See a 34.02% Upside in LKQ (LKQ): Can the Stock Really Move This High?
The consensus price target hints at a 34% upside potential for LKQ (LKQ). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Are Investors Undervaluing LKQ (LKQ) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
LKQ (LKQ) Up 1.5% Since Last Earnings Report: Can It Continue?
LKQ (LKQ) reported earnings 30 days ago. What's next for the stock?
