Lkq corporation announces results for third quarter 2024

Antioch, tenn., oct. 24, 2024 (globe newswire) -- lkq corporation (nasdaq: lkq) today reported third quarter 2024 financial results. “our third quarter results reflect softer overall volumes, which underscore the importance of executing on our strategic transformation discussed at our september investor day. our focus on managing our operating expenses is critically important, especially in a period when the top line is facing uncontrollable market headwinds. the agility of the lkq team was again validated by the growth witnessed in adjusted diluted earnings per share and overall segment ebitda margin relative to the prior year. we remain confident in the long-term earnings potential of our businesses as we navigate short-term industry dynamics and a difficult macro-economic environment that will continue to affect the business in the fourth quarter,” noted justin jude, president and chief executive officer.
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