LKQ Corporation is set to release its Q1 2025 results in April 2025. A new position in the company was recently acquired by Bryce Point Capital LLC. Director Zarcone sold $632,254 in stock recently. LKQ announced results for its Q4 2024 and full year 2024, including a revenue of $3.4 billion in the final quarter. The corporation has appointed multiple new people to its board, including Sue Gove, Michael Powell, James S. Metcalf, and Andrew Clarke. Vanguard Group Inc and Mitsubishi UFJ Trust & Banking Corp recently sold shares of LKQ. The company outlined its 'Charting Our Future' strategy at the 2024 Investor day. A bull case theory is suggested regarding LKQ, considering them among the best car repair and recycling stocks. LKQ announced an $1 billion increase to its stock repurchase program. Despite a slight drop in income in Q3, LKQ’s Q4 profit decreased, but still exceeded estimates. The corporation has a new agreement and appointed board members. However, LKQ has a substantial debt burden, as lower repairable claims damaged Q2 revenue and its Canadian business unit was affected by a cyberattack. Finally, the corporation launched a Refinish Division and reported Q4 2024 earnings that slightly beat expectations at $3.
Lkq Corporation LKQ News Analytics from Fri, 10 May 2024 07:00:00 GMT to Sat, 05 Apr 2025 10:05:04 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor -2
