LKQ (NASDAQ:LKQ) Announces Q3 2026 Earnings Guidance

LKQ (NASDAQ:LKQ) updated its third quarter 2026 earnings guidance on Friday. The company provided earnings per share (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.

Analysts Set New Price Targets

A number of brokerages have issued reports on LKQ. Barrington Research reiterated a “market perform” rating on shares of LKQ in a report on Friday. Barclays dropped their price objective on shares of LKQ from $30.00 to $25.00 and set an “equal weight” rating for the company in a report on Monday, August 3rd. Roth Capital set a $35.00 price objective on shares of LKQ in a report on Monday, August 3rd. JPMorgan Chase & Co. cut their price objective on LKQ from $30.00 to $27.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Finally, Weiss Ratings cut LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $30.50.

LKQ Stock Down 22.5%

Shares of LKQ opened at $17.42 on Friday. The company has a quick ratio of 0.61, a current ratio of 1.58 and a debt-to-equity ratio of 0.52. The business has a fifty day moving average of $23.56 and a 200 day moving average of $25.66. The company has a market cap of $4.41 billion, a PE ratio of 8.11 and a beta of 0.87. LKQ has a 52-week low of $17.21 and a 52-week high of $37.13.

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

LKQ Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 6.9%. The ex-dividend date was Thursday, August 20th. LKQ’s payout ratio is 66.67%.

Key Headlines Impacting 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.