logo
  

LKQ Guides FY21 Adj. EPS In Line With Estimates - Quick Facts

While reporting financial results for the fourth quarter on Thursday, automobile parts maker LKQ Corp. (LKQ) initiated earnings guidance for the full-year 2021.

For fiscal 2021, the company now projects earnings in a range of $2.40 to $2.60 per share and adjusted earnings in a range of $2.65 to $2.85 per share.

On average, 12 analysts polled by Thomson Reuters expect the company to report earnings of $2.74 per share for the year. Analysts' estimates typically exclude special items.

"Improving revenue trends combined with our improving cost structure should drive increased profitability relative to 2020 and contribute to another strong year of cash generation," stated Varun Laroyia, Chief Financial Officer.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The five-day holiday shopping period from Thanksgiving Day through Cyber Monday saw about 180 million Americans making in-store and online purchases, according to the National Retail Federation's Annual Thanksgiving Weekend Consumer Survey, conducted by Prosper Insights & Analytics. The shoppers spent an average of $301.27 on holiday-related purchases such as gifts, décor, apparel and toys. Biopharmaceutical company Immunome, Inc. (IMNM) announced Wednesday that it has conducted an assessment of the reported mutations in the new SARS-CoV-2 variant, Omicron (B.1.1.529). Based upon structural mapping of those mutations and activity against previous and current CDC variants of concern,... CVS Health said it has installed time delay safe technology in all 392 Illinois CVS Pharmacy locations, including those in Target stores, to help reduce organized retail crime. The installation of new safes for controlled substances are anticipated to help prevent pharmacy robberies. There is also potential for associated diversion of controlled substance medications, including opioid medications.
RELATED NEWS
Follow RTT