LKQ jumps after raising 2025 profit outlook

LKQ

30/10/2025 12:51

** Shares of auto parts distributor LKQ Corp LKQ.O rise 6.5% to about $32 premarket

** Co lifts lower end of full-year profit forecast, driven by strong aftermarket demand

     ** LKQ reduced its debt by over $600 mln after the sale of its self-service segment to Pacific Avenue Capital Partners

** Co revises its 2025 adjusted EPS forecast to $3.00–$3.15 from $2.85–$3.15, citing the self-service divestiture and strength in its core business

** Its Q3 adj. profit is at 84 cents/share, beating analysts' estimates of 76 cents/share, according to data compiled by LSEG

** Co's revenue up 1.3% to $3.50 bln, compared with estimates of $3.54 bln

** As of last close, stock down 18.3% YTD

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))