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LKQ (LKQ) Q3 Earnings Report Preview: What To Look For

LKQ Cover Image

Automotive parts company LKQ (NASDAQ: LKQ) will be reporting results this Thursday before the bell. Here’s what to look for.

LKQ met analysts’ revenue expectations last quarter, reporting revenues of $3.64 billion, down 1.9% year on year. It was a softer quarter for the company, with full-year EPS guidance missing analysts’ expectations significantly and a significant miss of analysts’ EPS estimates.

Is LKQ a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting LKQ’s revenue to decline 1.5% year on year to $3.53 billion, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.76 per share.

LKQ Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. LKQ has missed Wall Street’s revenue estimates six times over the last two years.

Looking at LKQ’s peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Pool delivered year-on-year revenue growth of 1.3%, meeting analysts’ expectations, and Nike reported revenues up 1.1%, topping estimates by 6.5%. Pool traded down 1.5% following the results while Nike was up 6.5%.

Read our full analysis of Pool’s results here and Nike’s results here.

Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.4% on average over the last month. LKQ is up 1.8% during the same time and is heading into earnings with an average analyst price target of $43.42 (compared to the current share price of $30.96).

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.

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