Why did LKQ's Q4 earnings fall short of forecasts?
4/6/2025 06:41pm
LKQ's Q4 earnings fell short of forecasts due to **Revenue Miss** and **Decrease in EPS**:
1. **Revenue Miss**: LKQ's revenue for Q4 2024 was $3.36 billion, which was a significant miss compared to the analyst estimate of $3.867 billion. This 0.5% increase year-over-year was not enough to meet market expectations, especially considering the overall economic headwinds the company faced.
2. **Decrease in EPS**: The diluted EPS for LKQ's Q4 2024 was not provided, but the latest available data shows an EPS of $0.73 for Q3 2024, which represented a decrease of 5.2% from the previous year. This decline, coupled with the revenue miss, contributed to the overall shortfall in earnings.
In summary, LKQ's Q4 earnings fell short due to a combination of lower-than-expected revenue and a decrease in EPS. These factors, coupled with broader economic challenges, resulted in a disappointing earnings report for the company.