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LKQ Earnings Estimate

LKQ Stock  USD 43.64  0.72  1.68%   
The next projected EPS of LKQ is estimated to be 1.03 with future projections ranging from a low of 0.99 to a high of 1.09. LKQ's most recent 12-month trailing earnings per share (EPS TTM) is at 3.1. Please be aware that the consensus of earnings estimates for LKQ Corporation is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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LKQ is projected to generate 1.03 in earnings per share on the 30th of June 2024. LKQ earnings estimates module stress-tests analyst consensus about projected LKQ Corporation EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as LKQ, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing LKQ's earnings estimates, investors can diagnose different trends across LKQ's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, LKQ's Gross Profit is relatively stable compared to the past year. As of 04/29/2024, Gross Profit Margin is likely to grow to 0.47, while Pretax Profit Margin is likely to drop 0.06.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LKQ Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

LKQ Earnings Estimation Breakdown

The calculation of LKQ's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of LKQ is estimated to be 1.03 with the future projection ranging from a low of 0.99 to a high of 1.09. Please be aware that this consensus of annual earnings estimates for LKQ Corporation is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.82
0.99
Lowest
Expected EPS
1.03
1.09
Highest

LKQ Earnings Projection Consensus

Suppose the current estimates of LKQ's value are higher than the current market price of the LKQ stock. In this case, investors may conclude that LKQ is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and LKQ's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2024Current EPS (TTM)
1492.08%
0.82
1.03
3.1

LKQ Earnings per Share Projection vs Actual

Actual Earning per Share of LKQ refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering LKQ Corporation predict the company's earnings will be in the future. The higher the earnings per share of LKQ, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

LKQ Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as LKQ, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of LKQ should always be considered in relation to other companies to make a more educated investment decision.

LKQ Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact LKQ's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-05-07
2024-03-310.950.82-0.1313 
2024-02-22
2023-12-310.760.840.0810 
2023-10-26
2023-09-300.960.86-0.110 
2023-07-27
2023-06-301.091.090.0
2023-04-27
2023-03-310.951.040.09
2023-02-23
2022-12-310.860.78-0.08
2022-10-27
2022-09-300.960.970.01
2022-07-28
2022-06-301.021.090.07
2022-04-28
2022-03-310.921.00.08
2022-02-17
2021-12-310.770.870.112 
2021-10-28
2021-09-300.861.020.1618 
2021-07-29
2021-06-300.751.130.3850 
2021-04-29
2021-03-310.630.940.3149 
2021-02-18
2020-12-310.590.690.116 
2020-10-29
2020-09-300.530.750.2241 
2020-07-30
2020-06-300.160.530.37231 
2020-04-30
2020-03-310.490.570.0816 
2020-02-20
2019-12-310.520.540.02
2019-10-31
2019-09-300.580.610.03
2019-07-25
2019-06-300.650.650.0
2019-04-25
2019-03-310.560.560.0
2019-02-28
2018-12-310.490.48-0.01
2018-10-25
2018-09-300.560.560.0
2018-07-26
2018-06-300.580.610.03
2018-04-26
2018-03-310.590.55-0.04
2018-02-22
2017-12-310.420.41-0.01
2017-10-26
2017-09-300.420.450.03
2017-07-27
2017-06-300.520.530.01
2017-04-27
2017-03-310.460.490.03
2017-02-23
2016-12-310.40.39-0.01
2016-10-27
2016-09-300.450.450.0
2016-07-28
2016-06-300.490.550.0612 
2016-04-28
2016-03-310.420.420.0
2016-02-25
2015-12-310.310.320.01
2015-10-29
2015-09-300.330.340.01
2015-07-30
2015-06-300.360.390.03
2015-04-30
2015-03-310.320.360.0412 
2015-02-26
2014-12-310.320.27-0.0515 
2014-10-30
2014-09-300.320.31-0.01
2014-07-31
2014-06-300.330.340.01
2014-04-29
2014-03-310.340.350.01
2014-02-27
2013-12-310.280.26-0.02
2013-10-31
2013-09-300.250.24-0.01
2013-08-01
2013-06-300.250.260.01
2013-04-25
2013-03-310.290.28-0.01
2013-02-28
2012-12-310.230.21-0.02
2012-10-25
2012-09-300.20.18-0.0210 
2012-07-26
2012-06-300.210.220.01
2012-04-26
2012-03-310.230.250.02
2012-02-23
2011-12-310.190.20.01
2011-10-27
2011-09-300.160.170.01
2011-07-28
2011-06-300.170.170.0
2011-04-28
2011-03-310.180.210.0316 
2011-02-24
2010-12-310.140.140.0
2010-10-28
2010-09-300.120.130.01
2010-07-29
2010-06-300.130.140.01
2010-04-29
2010-03-310.140.180.0428 
2010-02-25
2009-12-310.110.130.0218 
2009-10-29
2009-09-300.10.110.0110 
2009-07-30
2009-06-300.10.10.0
2009-04-30
2009-03-310.110.120.01
2009-02-26
2008-12-310.070.05-0.0228 
2008-10-30
2008-09-300.090.090.0
2008-07-31
2008-06-300.090.110.0222 
2008-05-01
2008-03-310.10.110.0110 
2008-02-27
2007-12-310.060.080.0233 
2007-10-25
2007-09-300.060.060.0
2007-07-26
2007-06-300.060.060.0
2007-04-26
2007-03-310.070.070.0
2007-02-27
2006-12-310.050.050.0
2006-10-26
2006-09-300.040.050.0125 
2006-07-27
2006-06-300.050.050.0
2006-04-27
2006-03-310.050.060.0120 
2006-03-02
2005-12-310.030.040.0133 
2005-10-27
2005-09-300.030.040.0133 
2005-07-28
2005-06-300.040.040.0
2005-04-28
2005-03-310.040.050.0125 
2005-02-24
2004-12-310.020.030.0150 
2004-10-29
2004-09-300.030.030.0
2004-07-29
2004-06-300.030.030.0
2004-04-29
2004-03-310.030.030.0
2004-02-26
2003-12-310.020.020.0

About LKQ Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of LKQ earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current LKQ estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as LKQ fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings7.3 B7.7 B
Retained Earnings Total Equity7.7 BB
Earnings Yield 0.07  0.08 
Price Earnings Ratio 13.66  14.14 
Price Earnings To Growth Ratio(0.90)(0.86)

LKQ Investors Sentiment

The influence of LKQ's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in LKQ. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to LKQ's public news can be used to forecast risks associated with an investment in LKQ. The trend in average sentiment can be used to explain how an investor holding LKQ can time the market purely based on public headlines and social activities around LKQ Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
LKQ's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for LKQ's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average LKQ's news discussions. The higher the estimated score, the more favorable is the investor's outlook on LKQ.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards LKQ in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, LKQ's short interest history, or implied volatility extrapolated from LKQ options trading.

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When determining whether LKQ Corporation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if LKQ Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lkq Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Lkq Corporation Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LKQ Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running LKQ's price analysis, check to measure LKQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LKQ is operating at the current time. Most of LKQ's value examination focuses on studying past and present price action to predict the probability of LKQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LKQ's price. Additionally, you may evaluate how the addition of LKQ to your portfolios can decrease your overall portfolio volatility.
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Is LKQ's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LKQ. If investors know LKQ will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LKQ listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Dividend Share
1.15
Earnings Share
3.1
Revenue Per Share
53.154
Quarterly Revenue Growth
0.106
The market value of LKQ Corporation is measured differently than its book value, which is the value of LKQ that is recorded on the company's balance sheet. Investors also form their own opinion of LKQ's value that differs from its market value or its book value, called intrinsic value, which is LKQ's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LKQ's market value can be influenced by many factors that don't directly affect LKQ's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LKQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if LKQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LKQ's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.