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What's Going On With LKQ Corporation Stock Today?

What's Going On With LKQ Corporation Stock Today?

FinvizFinviz2026/02/19 18:30
By:Finviz

LKQ Corporation (NASDAQ:LKQ) shares edged higher Thursday after the company topped revenue expectations despite an adjusted profit miss. Investors also weighed a new restructuring plan and a 2026 outlook that came in below consensus estimates.

• What’s the outlook for LKQ shares?

The company reported fourth-quarter adjusted earnings per share of 59 cents, missing the analyst consensus estimate of 65 cents.

Quarterly sales of $3.312 billion (+2.7% year over year) outpaced the Street view of $3.253 billion.

Total parts and services revenue increased 2.2%, which included a 3.7% increase from foreign exchange rates year-over-year.

On an adjusted basis, net income for the fourth quarter was $150 million compared to $202 million a year ago.

The company exited the quarter with cash and equivalents worth $319 million.

Restructuring Plan

The company approved a restructuring plan to align costs with key markets and improve long-term performance. It expects roughly $60 million to $70 million in restructuring charges.

Management sees over $50 million in annualized savings, with most gains starting in 2026.

As of Dec. 31, 2025, the balance sheet reflected total debt of $3.7 billion.

Dividend

On Feb. 17, the firm declared a quarterly cash dividend of 30 cents per share of common stock, payable on March 26, 2026.

Outlook

The firm sees FY2026 adjusted EPS of $2.90 to $3.20, below the $3.29 analyst estimate.

It expects FY2026 GAAP EPS of $2.35 to $2.65, below the $3.01 analyst estimate.

LKQ Price Action: LKQ Corporation shares are trading higher by 0.44% to $33.37 at publication on Thursday.

Photo: Shutterstock

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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