LKQ (NASDAQ:LKQ) Announces Q3 2026 Earnings Guidance

Key Points

• LKQ guided below analyst expectations for Q3 2026, projecting EPS of $0.47–$0.53 versus the $0.69 consensus and revenue of $3.3 billion versus the $3.4 billion estimate.
• Analyst sentiment is mixed but leans cautious: LKQ has an average “Hold” rating, a $30.58 consensus price target, and recent downgrades from several firms, including Zacks Research and Weiss Ratings.
• Shares opened at $22.47, near the company’s 12-month low of $21.17, while LKQ maintains a quarterly dividend of $0.30, equivalent to a 5.3% annualized yield.

LKQ (NASDAQ:LKQ - Get Free Report) issued an update on its third quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.470-0.530 for the period, compared to the consensus estimate of 0.690. The company issued revenue guidance of $3.3 billion, compared to the consensus revenue estimate of $3.4 billion.

Analyst Ratings Changes

Several brokerages recently weighed in on LKQ. Barclays reduced their price objective on shares of LKQ from $30.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Monday, August 3rd. Robert W. Baird set a $30.00 target price on LKQ in a report on Friday, July 31st. JPMorgan Chase & Co. reduced their price target on LKQ from $30.00 to $27.00 and set an "overweight" rating on the stock in a research report on Thursday, October 8th. Zacks Research downgraded LKQ from a "hold" rating to a "strong sell" rating in a research report on Monday, August 3rd. Finally, Weiss Ratings downgraded shares of LKQ from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, August 13th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $30.58.

LKQ Stock Performance

NASDAQ LKQ opened at $22.47 on Friday. The company has a fifty day simple moving average of $23.72 and a 200 day simple moving average of $25.72. LKQ has a 12-month low of $21.17 and a 12-month high of $37.13. The company has a current ratio of 1.58, a quick ratio of 0.61 and a debt-to-equity ratio of 0.52. The company has a market cap of $5.68 billion, a P/E ratio of 7.72 and a beta of 0.87.

LKQ (NASDAQ:LKQ - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The auto parts company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.04). LKQ had a return on equity of 10.84% and a net margin of 3.37%. The business had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.48 billion. During the same quarter in the previous year, the company posted $0.87 EPS. The business's quarterly revenue was down 3.0% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. Sell-side analysts predict that LKQ will post 2.65 earnings per share for the current fiscal year.

LKQ Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Thursday, August 20th. LKQ's dividend payout ratio is currently 66.67%.

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.

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