CHICAGO -- LKQ Corporation today reported diluted earnings per share from continuing operations of $0.26 for the second quarter ended June 30, 2010, an increase of 30.0% from $0.20 for the second quarter of 2009.
CHICAGO -- LKQ Corporation , the largest nationwide provider of aftermarket collision replacement parts, recycled light vehicle parts, and refurbished bumpers and wheels, will release the financial results for its second quarter 2010 on Thursday, July 29, 2010, before the market opens.
CHICAGO, July 29, 2010 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQX) today reported diluted earnings per share from continuing operations of $0.26 for the second quarter ended June 30, 2010, an increase of 30.0% from $0.20 for the second quarter of 2009. Revenue for the second quarter was $584.7 million, an increase of 20.2% as compared to $486.4 million for the same period of 2009. Income from continuing operations for the second quarter of 2010 was $37.9 million, an increase of 33.2% as compared to $28.5 million for the same period of 2009. 2010 07 29 06:17
LKQ Corp beats by $0.01, beats on revs; guides FY10 EPS in-line Reports Q2 (Jun) earnings of $0.26 per share, $0.01 better than the Thomson Reuters consensus of $0.25 2010 07 29 06:17
CHICAGO, July 6, 2010 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQX), the largest nationwide provider of aftermarket collision replacement parts, recycled light vehicle parts, and refurbished bumpers and wheels, will release the financial results for its second quarter 2010 on Thursday, July 29, 2010, before the market opens. 2010 07 06 13:50
Lately I've been watching all the ads on TV and other places in the mass media with GM CEO Ed Whitacre strutting across the scene and bragging about how proud he is that GM paid back its TARP loans ahead of time, and with interest to boot. Nowhere did I hear a "Thank you." As a taxpayer, I loaned him the money, my taxes funded the tax credit for clunker programs and we the American consumer bought his cars.
It was not his brilliance or the hard work of his management team that turned GM around,...
Yesterday we noted that companies raising guidance have far outnumbered companies lowering guidance this earnings season. After today the spread has widened out even more.
As shown below, 28 companies that reported last night after the close and this morning before the open raised guidance. This is the highest total in one day that we can remember. And all but 5 of the 28 companies are trading higher on the day, with iRobot (IRBT) leading the way with...
The Cash For Clunkers program has been wildly successful, burning through the initial $1 billion allocated to the program within a couple weeks. Harry Reid has said that the Senate will OK another $2 billion before the August recess. The obvious beneficiaries are the auto makers and auto parts suppliers, but one pure play may be overlooked and that’s LKQ Corp (LKQX), which is the largest auto parts recycler in the nation with 280 facilities.
At the end of each trading week, our market direction radar scans the Hillbent 3000 universe (minimun average daily volume of 100k and largest 3000 market capitalization stocks) for the top 3 and bottom 3 sectors based upon aggregate performance and analyzes their winners and losers.
Using this weekly sector report on a regular basis allows Hillbent.com’s readers to efficiently monitor sector rotations and investor sentiment biases.
General Motors (GM) filed for bankruptcy. The sun is still shining. The air is still breathable, or at least no less so than yesterday. The water is still wet. The earth is not shaking. Our economy is still capitalist (true the U.S. will get a 60% stake in GM but seriously, anybody who has trouble distinguishing between Obama on the one hand and Marx, Engels, Lenin, Trotsky, Stalin, Mao, etc. on the other has bigger problems than the stock market to worry about). And by the way, the beat-up minivan I’m driving is not getting any younger.
The vastly altered landscape in the automobile retail industry, including the collapse in available credit last fall, concerns over the viability of the manufacturers and now the implosion of the dealer networks for Chrysler and General Motors (GM), is creating several opportunities. While it took a while for some of my ideas that I shared in the Fall regarding taking advantage of these massive changes to play out, several of them have:
President and CEO of LKQ Corp. (lkqx) Joseph M Holsten sells 171,458 shares of lkqx on 07/28/2010 at an average price of $21.01 a share. Lkq Corp. has a market cap of $2.82 billion; its shares ...
LKQ Corporation has kicked off its annual Car Calendar Competition. Have your classic, custom or project car or truck featured in LKQ's 2011 calendar by submitting your entry through September 15 ...
By Chip Brian Shares of LKQ (NASDAQ:LKQX) traded 6% lower yesterday, closing at $19.73. The stock has been drifting lower over the past nine trading days but is currently trading in a technical ...
July 29 (Reuters) - Automobile-parts recycler LKQ Corp (LKQX.O) posted a 31 percent jump in quarterly profit, helped by a rise in refurbished parts sales, and raised its 2010 adjusted earnings ...
LKQ Corp. (NASDAQ: LKQX | PowerRating) said it now expects 2010 earnings of $1.08 to $1.14 per share. The company's previous guiance was earnings of $1.06 to $1.12 per share and the current ...
LKQ Corporation (NASDAQ:LKQX) today reported diluted earnings per share from continuing operations of $0.26 for the second quarter ended June 30, 2010, an increase of 30.0% from $0.20 for the ...
By Chip Brian Below are the top five companies in the Services sector as measured by relative performance. Lowest relative performance is a comparison between a share and its peers made to ...
By Chip Brian Below are the top five companies in the Distributors industry as measured by the price to cash flow ratio. Often companies with the lowest ratio present the greatest value to ...
President and CEO of LKQ Corp. (lkqx) Joseph M Holsten sells 3,490 shares of lkqx on 07/27/2010 at an average price of $21 a share. Lkq Corp. has a market cap of $3 billion; its shares were traded ...
LKQ Corp. (LKQX) [Chart - Analysis - News] is scheduled to announce earnings before the market opens on Thursday, July 29th. Looking at the analyst consensus, it appears most traders believe LKQX ...
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