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LKQ Corp Q1 adjusted earnings Inline With Estimates

LKQ Corp (LKQ) reported earnings for first quarter that declined from the same period last year.

The company's bottom line came in at $98.05 million, or $0.31 per share. This compares with $152.96 million, or $0.49 per share, in last year's first quarter.

Excluding items, LKQ Corp reported adjusted earnings of $176.13 million or $0.56 per share for the period.

Analysts had expected the company to earn $0.56 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.0% to $3.10 billion from $2.72 billion last year.

LKQ Corp earnings at a glance:

-Earnings (Q1): $176.13 Mln. vs. $170.13 Mln. last year.
-EPS (Q1): $0.56 vs. $0.55 last year.
-Analysts Estimate: $0.56
-Revenue (Q1): $3.10 Bln vs. $2.72 Bln last year.

-Guidance:
Full year EPS guidance: $2.34 to $2.46

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