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via seekingalpha.comBusiness & Companies

LKQ shares fall over 16% pre-market after Q3 preliminary results miss

FROM THE WIRE · SEEKINGALPHA.COM

* LKQ (LKQ [https://seekingalpha.com/symbol/LKQ]) shares dropped over 16% in pre-market trading on Friday after the third-quarter preliminary results missed consensus estimates. * The company expects to post a third-quarter revenue of $3.3B, missing the consensus estimate of…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRevenue and earnings below consensus plus impairment charges weigh on the shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q3 revenue expected at $3.3B versus $3.41B consensus.
  2. 02Expected net loss of $16M to $32M, including $111M of non-cash impairment charges.
  3. 03Salvatore Abbate will become president and CEO effective December 15, 2026.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
LKQ CorporationLKQStock17.87 USD+1.24%today -20.47%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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