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On June 30, 2026, Richard Pzena (Trades, Portfolio)'s firm executed a significant addition to its existing position in LKQ Corp (LKQ, Financial), purchasing 9,1
LKQ Corporation remains a hold as North America shows organic growth, but European operations are hampered by ERP disruptions and lost wallet share. Q2 revenue declined 6% year-over-year to $3.4B, with consolidated EBITDA margin down 160 bps to 10.2% and adj. EPS falling to $0.67. North America achieved its first positive organic growth in nine quarters, driven by increased alternative parts adoption and stable aftermarket demand.
LKQ misses Q2 earnings and revenue estimates as Europe's ERP rollout disrupts Germany, prompting lower 2026 guidance despite growth in North America.
LKQ Corporation (LKQ) Q2 2026 Earnings Call Transcript
Although the revenue and EPS for LKQ (LKQ) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
LKQ (LKQ) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.87 per share a year ago.
LKQ NASDAQ: LKQ reported second-quarter 2026 revenue of approximately $3.4 billion, down from $3.5 billion a year earlier, as disruption from an enterprise resource planning system implementation in Germany weighed on its European operations. Adjusted diluted earnings per share declined to $0.67 from $0.84 in the prior-year quarter.
ANTIOCH, Tenn., July 30, 2026 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) today reported second quarter 2026 financial results and provided an updated outlook for 2026.