LKQ Corp. (NASDAQ:LKQ) reduced -1.3 percent in its Stock After Previous Earnings Release

stock overview

LKQ Corp. (NASDAQ:LKQ) moved up 0.67% and closed its last trading session at $33.05. This Auto-Tires-Trucks Sector stock currently has the Market Capitalization of 10.18 Billion. The Average Volume for the stock is measured as 1.94 Million. The Stock has a 52-Week High of $36.35 and 52-Week Low of $26.54 following the dates, it touched its 52-Week High on Aug 31, 2016 and 52-Week Low on Feb 25, 2016. Currently, the Return on Assets value for the trailing twelve months is 6.6% with the Return on Equity and Return on Investment of 14.8% and 10.3% respectively. This firm currently has YTD (year to date) performance of 7.83 Percent which is awesome. The Short Ratio for the stock is 2.22.

LKQ Corp. (NASDAQ:LKQ) Price to Earnings (P/E) ratio is 21.64. EPS or Earning per Share stands at $1.53. The TTM operating margin is 9 percent.

LKQ Corp. (NASDAQ:LKQ) reports its Earnings on Tomorrow. The estimated EPS for the current quarter is said to be $0.39. Following Earnings result, share price were UP 14 times out of last 28 Qtrs. The stock has reduced about -1.3% since it reported its last earnings. The Closing price of LKQ Corp. (NASDAQ:LKQ) at Last Earnings was $33.26 as compared to the previous closing price of $32.83. The Predicted Move on the 7th day after LKQ Corp. (NASDAQ:LKQ) will release its earnings at about 5%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, LKQ Corp. (NASDAQ:LKQ) beats earnings by 58%, The Stock Missed Earnings  3  times and has met earnings  2  times.

Earnings History:

We will discuss the past Quarters Earnings below:

LKQ Corp. (NASDAQ:LKQ) reported its previous quarter on 10/27/2016 where it reported the Actual Earnings of $0.45. The Closing price before the company posted its earnings was $33.26. The Stock declined on the very next day of earnings and maintained its stock price at $31.82 by showing a % change of -4.33 percent from its previous closing price. The Next Day Volume after Earnings was reported as 8.54 Million. On the 7th day After Earnings Report, the stock hit its share price as $31.8 by showing -4.39% decrease from the Stock price Before Earnings were reported.

On 07/28/2016, the stock reported the EPS of $0.55 where Analysts were projecting the EPS to be $0.49 showing a difference of $0.06. Thus Surprise Factor was there with 12.2 percent. Before Earnings Announcement on 07/28/2016, the firm had its stock price of $34.14. And immediately on the next day after earnings announcement, the stock declined -1.52% and closed its trading session at $33.62. On 7th Day after earnings release, LKQ Corp. (NASDAQ:LKQ) surged to 2.11% from $34.14 to $34.86.

On 04/28/2016, Analysts were suspecting EPS of $0.42/share where LKQ Corp. (NASDAQ:LKQ) reported its Actual EPS of $0.42. Thus showing a Surprise of 0 percent. The Closing Price of the stock before earnings was $34.16 while on the Next day the stock closed its trading session at $32.89 with a percentage change of -3.72% from the price of 34.16 before Earnings. The Stock Closing Price on the 7th day of earnings was $32.44.

Company Profile:

LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in the United States, the United Kingdom, and internationally. It operates in five segments: Wholesale – North America; Europe; Specialty; Glass; and Self Service. The company distributes various products, including aftermarket collision and mechanical products; recycled collision and mechanical products; and refurbished collision products, including wheels, bumper covers and lights, and remanufactured engines. It also offers recycled products, such as engines, transmissions, and door assemblies; sheet metal products comprising trunk lids, fenders and hoods, lights, and bumper assemblies; and refurbish products consisting of wheels, lights, plastic bumpers, and chrome bumpers, as well as heavy-duty truck products. In addition, the company sells scrap metal and other materials to recyclers; and extracts and sells the precious metals contained in various of recycled parts, such as catalytic converters. Further, it sells parts from older cars and light-duty trucks directly to consumers; and operates self service retail facilities that sell recycled automotive products from end-of-life-vehicles under the LKQ Pick Your Part name. Additionally, the company distributes and markets trucks and off-roads; speed and performance, and towing equipment and accessories; recreational vehicles; wheels, tires, and performance handling products; and miscellaneous accessories. It also manufactures and distributes automotive glass products; and distributes specialty vehicle aftermarket products and accessories. It primarily serves collision and mechanical repair shops, new and used car dealerships, metal recyclers, and specialty vehicle retailers and equipment installers, as well as retail customers. The company was founded in 1998 and is headquartered in Chicago, Illinois.