The 10-second takeaway
For the quarter ended Dec. 31 (Q4), LKQ missed slightly on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew. GAAP earnings per share expanded.
Gross margins were steady, operating margins were steady, net margins dropped.
LKQ logged revenue of $1.07 billion. The 10 analysts polled by S&P Capital IQ looked for sales of $1.09 billion on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $939.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.21. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.23 per share. GAAP EPS of $0.21 for Q4 were 11% higher than the prior-year quarter's $0.19 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 41.7%, much about the same as the prior-year quarter. Operating margin was 9.8%, much about the same as the prior-year quarter. Net margin was 5.8%, 20 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.15 billion. On the bottom line, the average EPS estimate is $0.30.
Next year's average estimate for revenue is $4.63 billion. The average EPS estimate is $1.09.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 399 members out of 414 rating the stock outperform, and 15 members rating it underperform. Among 105 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 104 give LKQ a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LKQ is outperform, with an average price target of $21.75.
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