LKQ: Q4 Earnings Snapshot

Associated Press Finance
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CHICAGO (AP) — CHICAGO (AP) — LKQ Corp. (LKQ) on Thursday reported fourth-quarter net income of $177 million.

The Chicago-based company said it had net income of 66 cents per share. Earnings, adjusted for one-time gains and costs, were 84 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.

The vehicle components company posted revenue of $3.5 billion in the period, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $3.51 billion.

For the year, the company reported profit of $936 million, or $3.49 per share. Revenue was reported as $13.87 billion.

LKQ expects full-year earnings in the range of $3.90 to $4.20 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LKQ at https://www.zacks.com/ap/LKQ

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