LKQ Q2 EPS $0.67…cuts full-year guidance on European ERP disruption

LKQ LKQ Corp

$17.42 -22.47%

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1. 1LKQ (LKQ) reported Q2 revenue of approximately $3.4 billion, with adjusted diluted EPS of $0.67, down from a year earlier
2. 2A German ERP outage cut European revenue by $140 million and EBITDA by $50 million, prompting the company to lower its full-year adjusted EPS guidance to $2.60–$2.90
3. 3The guidance cut reflects the delayed German ERP recovery, while North America posted organic revenue growth for the first time in nine quarters

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