LKQ Corporation Stock Plunges 2.82% on Q1 Earnings Miss
LKQ Corporation's stock price experienced a significant decline today, falling to its lowest level since February 2025, with an intraday drop of 2.82%.
The primary driver behind LKQ's stock price decline is its disappointing financial performance in the first quarter of 2025. The company reported revenue of $3.5 billion, which fell short of market expectations and marked a 6.5% decrease from the same period last year. This decline was further exacerbated by a 4.3% decrease in organic revenue for parts and services, as well as negative impacts from acquisitions, divestitures, and foreign exchange rates.
LKQ also faced challenges with negative cash flow from operations and free cash flow for the quarter. Despite meeting earnings estimates, the overall financial results did not meet Wall Street's revenue expectations, contributing to the decline in stock value. The company's struggles in the first quarter have raised concerns among investors about its ability to maintain profitability and growth in the current economic environment.
