NASDAQ$LKQ
LKQ Corp · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
LKQ's first quarter results were announced, revealing a slight revenue decrease but a significant rise in net income, amidst the growing impact of the COVID-19 pandemic.
LKQ Corporation reported a revenue of $3.0 billion for Q1 2020, a 3.2% decrease compared to Q1 2019. Net income attributable to LKQ stockholders increased by 49% to $146 million, while adjusted net income remained flat at $176 million. The company implemented cost reduction plans and maintained a strong liquidity position despite challenges posed by the COVID-19 pandemic.
- Revenue decreased by 3.2% year-over-year to $3.0 billion.
- Net income attributable to LKQ stockholders increased by 49% to $146 million.
- Adjusted net income remained flat at $176 million compared to the prior year.
- The company implemented cost reduction plans with potential annualized savings of over $1.0 billion.
Headline financials
Revenue & EPS history
LKQ · Revenue · Quarterly
$3B
Revenue by segment
LKQ · $1.71B total across 2 segments · Q1 2020
- Europe$1.36B-5.8%79.6%
- Specialty$347M-1.5%20.4%
Forward guidance
Due to continued uncertainties from the impact of the COVID-19 pandemic, including the timing of the removal of mobility restrictions and the rate at which demand for auto repairs will improve, LKQ withdrew its financial guidance previously issued on February 20, 2020 and is not issuing updated financial guidance at this time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.3%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-1.3%
Avg return
30 days after
57%
39 / 69 earnings
Positive
+12.9%
Q2 2013
Best reaction
-15.8%
Q1 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.4% | -7.8% | -11.6% | |
| Q4 2025 | -1.0% | +0.9% | -14.9% | |
| Q3 2025 | +3.7% | +1.2% | -1.2% | |
| Q2 2025 | -0.5% | -1.4% | +1.9% | |
| Q1 2025 | -11.6% | -10.6% | -4.6% | |
| Q4 2024 | +6.0% | +5.4% | +2.5% | |
| Q3 2024 | -0.6% | -1.1% | +1.9% | |
| Q2 2024 | -9.7% | -8.2% | -4.2% | |
| Q1 2024 | -11.5% | -10.8% | -13.3% | |
| Q4 2023 | +3.7% | +5.2% | +4.9% | |
| Q3 2023 | -7.2% | -6.4% | -2.3% | |
| Q2 2023 | -5.2% | -3.5% | -9.9% | |
| Q1 2023 | +2.7% | +1.8% | -4.7% | |
| Q4 2022 | +1.5% | +1.0% | -5.1% | |
| Q3 2022 | +3.8% | +0.1% | +2.7% | |
| Q2 2022 | +2.2% | +2.0% | +0.6% | |
| Q1 2022 | +0.3% | +2.7% | +5.8% | |
| Q4 2021 | -11.6% | -13.5% | -15.9% | |
| Q3 2021 | +1.6% | +4.3% | +6.2% | |
| Q2 2021 | +1.7% | +4.4% | +4.3% | |
| Q1 2021 | +2.6% | +5.8% | +12.0% | |
| Q4 2020 | +5.5% | +4.8% | +18.0% | |
| Q3 2020 | +7.5% | +15.5% | +20.9% | |
| Q2 2020 | -0.7% | +1.5% | +14.9% | |
| Q1 2020 | -1.9% | -1.3% | +8.5% | |
| Q4 2019 | -2.8% | -7.9% | -52.1% | |
| Q3 2019 | +11.6% | +13.4% | +12.1% | |
| Q2 2019 | +5.7% | +2.5% | -3.0% | |
| Q1 2019 | -4.5% | -4.3% | -15.6% | |
| Q4 2018 | +2.1% | +1.9% | +4.1% | |
| Q3 2018 | +2.7% | +3.9% | +6.5% | |
| Q2 2018 | +0.7% | -0.5% | -0.3% | |
| Q1 2018 | -15.8% | -19.5% | -18.2% | |
| Q4 2017 | -3.6% | -5.4% | -10.6% | |
| Q3 2017 | +0.5% | +3.1% | +4.1% | |
| Q2 2017 | +5.1% | +4.3% | +4.4% | |
| Q1 2017 | +3.5% | +4.2% | +4.5% | |
| Q4 2016 | -3.5% | -4.4% | -11.1% | |
| Q3 2016 | -3.4% | -3.9% | +0.5% | |
| Q2 2016 | +0.7% | +1.1% | +4.5% | |
| Q1 2016 | -6.2% | — | — | |
| Q4 2015 | +8.6% | — | — | |
| Q3 2015 | +0.5% | — | — | |
| Q2 2015 | +0.3% | — | — | |
| Q1 2015 | +10.1% | — | — | |
| Q4 2014 | -11.7% | — | — | |
| Q3 2014 | +3.4% | — | — | |
| Q2 2014 | +0.9% | — | — | |
| Q1 2014 | +7.0% | — | — | |
| Q4 2013 | -4.1% | — | — | |
| Q3 2013 | -1.9% | — | — | |
| Q2 2013 | +12.9% | — | — | |
| Q1 2013 | +7.1% | — | — | |
| Q4 2012 | -10.9% | — | — | |
| Q3 2012 | +3.2% | — | — | |
| Q2 2012 | +5.9% | — | — | |
| Q1 2012 | +11.4% | — | — | |
| Q4 2008 | -0.1% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q3 2011 | -2.4% | — | — | |
| Q2 2011 | -1.2% | — | — | |
| Q1 2010 | +0.6% | — | — | |
| Q1 2011 | +1.5% | — | — | |
| Q4 2010 | -0.2% | — | — | |
| Q3 2009 | -1.1% | — | — | |
| Q3 2010 | -1.1% | — | — | |
| Q4 2009 | +3.4% | — | — | |
| Q2 2009 | +3.4% | — | — | |
| Q2 2010 | +3.4% | — | — |
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