LKQ reports increased profits on lower revenue in 2020. [CDATA[Chicago-based LKQ Corp., an auto dismantler and components provider with locations in North America, Europe and Taiwan, has reported fourth quarter and full year 2020 results showing a 7 percent decrease in revenue but an 18.1 percent rise in net … First quarter 2020 revenue of $3.0 billion (down 3.2% year-over-year) Parts and services organic revenue declined 3.5% (4.7% on a per day basis) Net income1 attributable to LKQ stockholders of $146 million (up 49%); adjusted net income of $176 million (flat compared to the prior year) Diluted EPS attributable to LKQ stockholders of $0.48; adjusted diluted EPS of $0.57 Operating … Revenue for the full year of 2020 was $5.49 billion, a decrease of 5.9% as compared to … Revenue for the full year of 2020 was $5.49 billion, a decrease of 5.9% as compared to $5.83 billion for the same period of 2019. LKQ, which belongs to the Zacks Automotive - Replacement Parts industry, posted revenues of $3.05 billion for the quarter ended September 2020, surpassing the Zacks Consensus Estimate by 3.62%. LKQ Corp. reported fourth-quarter and full-year 2020 results Feb. 18, showing some revenue decreases, but the company is still positive despite the “headwinds faced throughout 2020.” In fact, some of the gains posted were company records. LKQ Europe’s revenue for the fourth quarter of 2020 was $1.43 billion, an increase of 0.6% as compared to $1.42 billion in the fourth quarter of 2019. LKQ Europe has reported a year-on-year rise in revenue for Q4 2020, despite the impact that numerous lockdowns across the Continent have had on the industry. Revenue for the full year of 2020 was $11.6 billion, a decrease of 7.0% as compared to $12.5 billion for the same period of 2019. For the fourth quarter of 2020, parts and services organic revenue decreased 5.2% (6.1% on a per day basis), while the net impact of acquisitions and […] CHICAGO, June 15, 2020 (GLOBE NEWSWIRE) - LKQ Corporation (Nasdaq: LKQ) today provided an update on its second quarter 2020 operating performance through May. Second Quarter 2020 Business Update While the COVID-19 pandemic continues to have a negative impact on our global operations, the effect through May 2020 … LKQ reports increased profits on lower revenue in 2020
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