earnings
confidence high
sentiment neutral
materiality 0.70
LKQ Q3 revenue $3.1B, EPS $0.95; organic growth 4.8%; dividend up 10%; buyback expanded
LKQ CORP
2022-Q3 EPS reported
$3.40
revenue$9,793,000,000
- Revenue $3.1B down 5.9% YoY; constant currency $3.3B (+1.0%); parts & services organic growth 4.8% (5.3% per day).
- Diluted EPS $0.95 (down 1.0%); adj diluted EPS $0.97 (down 4.9%). Operating cash flow $273M; free cash flow $224M.
- Repurchased 6.8M shares for $343M in Q3; board expanded buyback by $1B through Oct 2025. Quarterly dividend raised 10% to $0.275.
- Updated 2022 guidance: organic rev growth 4.75%-5.75%; adj diluted EPS $3.85-$3.95; operating cash flow $1.25B; FCF ~$1.0B.
- Leadership: Varun Laroyia named CEO of LKQ Europe; Rick Galloway appointed SVP and CFO effective Sept 19, 2022.