LKQ (LKQ) reported Q2 adjusted earnings Thursday of $0.67 per diluted share, down from $0.84 a year earlier.
Analysts polled by FactSet expected $0.71.
Revenue for the quarter ended June 30 was $3.41 billion, compared with $3.51 billion a year earlier.
Analysts surveyed by FactSet expected $3.48 billion.
For 2026, the company cut its adjusted earnings guidance to $2.60 to $2.90 per diluted share from its prior outlook of $2.90 to $3.20. Analysts polled by FactSet expect $2.97.
The board kept the company's quarterly dividend at $0.30 per share, payable Sept. 3 to shareholders of record as of Aug. 20.
LKQ shares were up 12% in Thursday premarket trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.