Why Did LKQ Plunge 9.61%? Earnings Miss Analysts' Expectations

On July 24, 2025, LKQ's stock price dropped by 9.61% in pre-market trading, reflecting significant market sentiment shifts.

LKQ Corporation recently announced its financial results for the second quarter of 2025, revealing a revenue of $3.6 billion, which marked a 1.9% decrease compared to the same period last year. Despite this decline, the company's earnings saw an increase, rising from $185 million to $192 million, or $0.70 to $0.75 per share. However, these earnings fell short of analysts' expectations, who had anticipated $0.92 per share.

LKQ's adjusted earnings for the quarter were reported at $225 million, or $0.87 per share, which was also below the market consensus. The company's revenue for the period was $3.64 billion, a slight decrease from $3.71 billion in the previous year. This revenue figure, however, surpassed the market consensus of $3.62 billion, indicating some positive aspects amidst the overall decline.

Looking ahead, LKQ has provided guidance for the full year, with earnings per share expected to range between $3.00 and $3.30. The company continues to focus on strategic initiatives to drive growth and improve financial performance.