- LKQ press release ( NASDAQ: LKQ ): Q4 Non-GAAP EPS of $3.85, may not be comparable to consensus.
- Revenue of $3B (-5.7% Y/Y) misses by $40M .
- Record fourth quarter segment EBITDA margins for Wholesale - North America and Europe of 18.5% (330 basis point increase) and 10.0% (110 basis point increase), respectively
- Fourth quarter 2022 diluted EPS 2 of $0.72 (down 11.1%); adjusted diluted EPS 1,2 of $0.78 (down 10.3%)
- Higher tax provision than prior guidance lowered fourth quarter 2022 diluted EPS 2 and adjusted diluted EPS 1,2 by $0.05
- Fourth quarter negative effect of $0.03 from increased interest expense
- Annual diluted EPS 2 of $4.11 (up 12.3%); adjusted diluted EPS 1,2 of $3.85 (down 2.8%)
- Annual operating cash flow of $1.25 billion; free cash flow 1 of $1.0 billion
For further details see:
LKQ Non-GAAP EPS of $3.85 beats by $3.00, revenue of $3B misses by $40M