US Bancorp DE and
ProShare Advisors recently reduced their holding in
LKQ Corp. However,
Twin Tree Management LP, Bleakley Financial Group LLC and
Homestead Advisers Corp have increased their stakes. The corporation's stock has seen fluctuations, with incidences of underperforming the market, but recent trends show it outperforming amidst volatile market conditions. Q1 2024 earnings were reported to have missed EPS estimates though the corporate fundamentals look strong according to market analysis. Additionally,
LKQ also reported sustained organic growth despite macroeconomic challenges in Q4 2023. The company plans to release quarterly earnings and is set to sell Elit Polska in Poland to
MEKO AB. Leadership changes have taken place, with
Justin Jude appointed President & CEO. LKQ also saw sustainable efforts and announced the establishment of a new refinish division. The company had to revise its guidance due to Q3 underperformance and has seen a reduced 2024 sales forecast due to slow demand. Other notable events include the initiation of legal actions related to patent issues.
Lkq Corporation LKQ News Analytics from Mon, 16 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 16:43:29 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor 5
