What is Zacks Research’s Estimate for LKQ Q3 Earnings?

LKQ Corporation (NASDAQ:LKQ) – Equities research analysts at Zacks Research lowered their Q3 2026 earnings per share estimates for LKQ in a research note issued to investors on Tuesday, January 27th. Zacks Research analyst Team now anticipates that the auto parts company will earn $0.85 per share for the quarter, down from their prior forecast of $0.89. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for LKQ’s current full-year earnings is $3.57 per share. Zacks Research also issued estimates for LKQ’s Q4 2026 earnings at $0.63 EPS.

LKQ has been the subject of several other reports. Weiss Ratings restated a “sell (d+)” rating on shares of LKQ in a report on Monday, December 29th. Wall Street Zen downgraded shares of LKQ from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Barclays started coverage on LKQ in a research report on Tuesday, November 11th. They set an “equal weight” rating and a $33.00 price objective for the company. Roth Mkm reaffirmed a “buy” rating and set a $43.00 price target (down from $46.00) on shares of LKQ in a research note on Monday, November 3rd. Finally, Stephens started coverage on LKQ in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $39.00 price target for the company. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $44.33.

LKQ Trading Down 2.2%

NASDAQ:LKQ opened at $32.57 on Thursday. The stock has a market cap of $8.34 billion, a PE ratio of 12.06 and a beta of 0.91. LKQ has a fifty-two week low of $28.13 and a fifty-two week high of $44.82. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.60 and a quick ratio of 0.67. The stock’s 50-day moving average is $31.00 and its two-hundred day moving average is $31.27.

LKQ (NASDAQ:LKQ) last announced its quarterly earnings data on Thursday, October 30th. The auto parts company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.10. LKQ had a return on equity of 13.45% and a net margin of 4.99%.The firm had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.54 billion. During the same period in the prior year, the business earned $0.88 EPS. The business’s revenue for the quarter was up 1.3% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LKQ. Integrated Wealth Concepts LLC acquired a new stake in shares of LKQ in the first quarter valued at about $278,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of LKQ by 2.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,476 shares of the auto parts company’s stock worth $1,339,000 after buying an additional 807 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of LKQ in the first quarter valued at approximately $1,162,000. Curbstone Financial Management Corp grew its stake in shares of LKQ by 15.5% in the second quarter. Curbstone Financial Management Corp now owns 11,750 shares of the auto parts company’s stock worth $435,000 after acquiring an additional 1,580 shares during the last quarter. Finally, Motley Fool Asset Management LLC increased its position in LKQ by 9.2% during the second quarter. Motley Fool Asset Management LLC now owns 7,200 shares of the auto parts company’s stock worth $266,000 after acquiring an additional 606 shares during the period. Institutional investors and hedge funds own 95.63% of the company’s stock.

LKQ News Roundup

Here are the key news stories impacting LKQ this week:

• Neutral Sentiment: MarketWatch notes LKQ underperformed its competitors on Wednesday, signaling weaker relative strength in the session but not a firm fundamental change. LKQ Corp. stock underperforms Wednesday
• Negative Sentiment: Zacks Research downgraded LKQ from “Hold” to “Strong Sell” and slashed near-term and medium-term EPS forecasts across multiple quarters and fiscal years (examples: Q1 2026 to $0.72, FY2026 to $3.06, FY2027 to $3.30). The downgrade and estimate cuts increase downside risk if management doesn’t beat the lower bar or if demand/margin pressures persist. Zacks Research downgrade and estimate revisions
• Negative Sentiment: Multiple Zacks notes lowered quarterly EPS projections for Q2–Q4 2026/2027 and repeatedly reduced FY2026/FY2027 guidance expectations; this clustered guidance erosion is likely weighing on sentiment and could pressure the stock until new earnings or guidance reverses the trend. TickerReport summary of Zacks actions

About LKQ

LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company supplies a broad range of replacement components, including recycled original equipment manufacturer (OEM) parts, aftermarket parts, refurbished and remanufactured items. Its products support collision repair, mechanical repair and performance enhancement needs across passenger cars, heavy trucks and recreational vehicles.

Through a combination of in-house operations and strategic acquisitions, LKQ has developed a comprehensive product portfolio that extends beyond core replacement parts.