LKQ (NASDAQ:LKQ) Announces Q3 2026 Earnings Guidance

LKQ (NASDAQ:LKQ) issued an update on 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.

LKQ Price Performance

NASDAQ LKQ traded down $4.57 during trading hours on Friday, reaching $17.90. The company’s stock had a trading volume of 6,470,403 shares, compared to its average volume of 3,011,291. The stock has a market cap of $4.53 billion, a PE ratio of 9.97 and a beta of 0.87. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.61 and a current ratio of 1.58. The company’s 50-day moving average is $23.72 and its two-hundred day moving average is $25.72. LKQ has a fifty-two week low of $17.21 and a fifty-two week high of $37.13.

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

LKQ Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Thursday, August 20th. LKQ’s payout ratio is currently 66.67%.

Analysts Set New Price Targets

LKQ has been the topic of several research reports. Roth Capital set a $35.00 price target on shares of LKQ in a research report on Monday, August 3rd. Barclays dropped their target price on LKQ from $30.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, August 3rd. Stephens reduced their price objective on LKQ from $39.00 to $36.50 and set an “overweight” rating for the company in a research report on Tuesday, July 21st. Weiss Ratings downgraded shares of LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Finally, Raymond James Financial set a $30.00 price target on LKQ in a report on Friday, July 31st. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, LKQ has a consensus rating of “Hold” and an average price target of $30.58.

Key Stories Impacting LKQ

Here are the key news stories impacting LKQ this week:

• Positive Sentiment: LKQ appointed Salvatore A. Abbate as president and chief executive officer, effective December 15, 2026. The company said his distribution experience is intended to improve execution and long-term performance. LKQ appoints Salvatore A. Abbate as president and chief executive officer
• Neutral Sentiment: LKQ retained Alvarez & Marsal to advise on its European operations, signaling a potential restructuring or recovery plan, although the financial benefits and execution timeline remain uncertain. LKQ preliminary third-quarter results and operational actions
• Negative Sentiment: LKQ cut its third-quarter 2026 outlook to adjusted EPS of $0.47–$0.53, well below the roughly $0.69 analyst consensus, and forecast revenue of about $3.3 billion versus $3.4 billion expected.
• Negative Sentiment: Preliminary third-quarter revenue was approximately $3.32 billion, down from $3.50 billion a year earlier. LKQ expects a net loss of $16 million to $32 million, or a diluted loss of $0.06–$0.12 per share, while parts-and-services organic revenue declined 5.4%.
• Negative Sentiment: Europe was the main source of weakness: organic parts-and-services revenue fell 9.8%, with LKQ citing disruption from an ERP implementation in Germany and volume declines in the United Kingdom and Benelux. European segment EBITDA margin is expected to be only 4.1%–5.1%.
• Negative Sentiment: The board removed CEO Justin L. Jude and European chief Andy Hamilton, and LKQ withdrew its full-year 2026 guidance. The abrupt management changes and lack of annual visibility increase uncertainty ahead of the company’s full results, scheduled for October 29. LKQ ousts CEO and warns of third-quarter shortfall

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.