LKQ Slumps After Disappointing Q2 Results, Full-Year Outlook Cut: Details
LKQ Slumps After Disappointing Q2 Results, Full-Year Outlook Cut: Details
LKQ Corporation (NASDAQ:LKQ) shares are trading lower on Thursday after the company reported second-quarter results.
LKQ公司（納斯達克股票代碼：LKQ）公佈第二季度業績後，該公司股價週四走低。
The company reported adjusted earnings per share of 98 cents, missing the analyst consensus of $1.03. Quarterly revenues of $3.71 billion (+7.6%), missed the street view of $3.87 billion.
該公司報告調整後的每股收益爲98美分，未達到分析師共識的1.03美元。季度收入爲37.1億美元（+7.6％），未達到38.7億美元的街景。
Net income for the second quarter of 2024 was $185 million compared to $281 million for the same period of 2023.
2024年第二季度的淨收入爲1.85億美元，而2023年同期爲2.81億美元。
Cash flow from operations and free cash flow were $213 million and $133 million, respectively, for the second quarter of 2024.
2024年第二季度的運營現金流和自由現金流分別爲2.13億美元和1.33億美元。
As of June-end, the balance sheet reflected total debt of $4.3 billion and total leverage was 2.3x EBITDA.
截至6月底，資產負債表反映的債務總額爲43億美元，總槓桿率爲息稅折舊攤銷前利潤的2.3倍。
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During the second quarter, the company returned over $200 million to its shareholders by investing $125 million to repurchase 2.9 million shares of its common stock and distributing approximately $80 million in cash dividends.
在第二季度，該公司通過投資1.25億美元回購290萬股普通股並分配約8000萬美元的現金分紅，向股東返還了超過2億美元。
On July 23, the company declared a quarterly cash dividend of $0.30 per share of common stock, payable on August 29, 2024.
7月23日，該公司宣佈季度現金股息爲每股普通股0.30美元，將於2024年8月29日支付。
"Based on a projected continuation of the revenue headwinds we experienced in the first half of 2024, we are lowering our full year guidance. While we have taken actions to reduce costs and protect our margins and cash flows, the benefits are not expected to offset the full impact of the lower revenue expectation," stated CFO Rick Galloway.
“根據預計我們在2024年上半年經歷的收入不利因素將持續下調，我們正在下調全年預期。首席財務官裏克·加洛韋表示，儘管我們已採取行動降低成本並保護利潤率和現金流，但預計收益不會抵消收入預期下降的全部影響。
Outlook: LKQ lowered its FY24 organic revenue growth outlook for parts and services from 2.5%- 4.5% to (1.25%) – 0.25%.
展望：LKQ將其24財年零件和服務的有機收入增長前景從2.5％至4.5％下調至（1.25％）至0.25％。
LKQ lowered its FY24 adjusted EPS outlook from $3.90 – $4.20 to $3.50 – $3.70 versus the $3.92 estimate.
LKQ將其24財年調整後的每股收益展望從3.90美元至4.20美元下調至3.50美元至3.70美元，而預期爲3.92美元。
Price Action: LKQ shares are trading lower by 12.5% to $38.91 at last check Thursday.
價格走勢：週四最後一次檢查時，LKQ股價下跌12.5％，至38.91美元。
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