Valued at a market cap of around $10 billion, LKQ Corporation (LKQ) is a leading global supplier of alternative aftermarket, remanufactured, and recycled auto parts. Founded in 1998, the Tennessee-based company has grown through 200+ acquisitions and now operates in North America, Europe, and Taiwan, serving repair shops, dealerships and retail customers. LKQ is expected to announce its fiscal 2025 Q2 earnings results before the market opens on Thursday, July 24. 

Ahead of this event, analysts expect LKQ to report a profit of $0.93 per share, down 5.1% from $0.98 per share in the year-ago quarter. The company has met or surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. 

For the current year, analysts expect LKQ to report an EPS of $3.54, up 1.7% from $3.48 in fiscal 2024.

Shares of LKQ have declined 6.9% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 13.4% surge and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 17.8% return over the period. 

On Apr. 24, LKQ released its Q1 2025 earnings, and its shares dropped 11.6%. It reported revenue of $3.5 billion, down 6.5% year-over-year. Adjusted net income fell 3.7% to $0.79 per share. Despite macroeconomic headwinds, the company reaffirmed its full-year adjusted EPS of $3.40-$3.70, focusing on operational efficiency and shareholder returns.

On the bright side, analysts' consensus view on LKQ Corporation’s stock is highly bullish, with a "Strong Buy" rating overall. Among seven analysts covering the stock, five recommend "Strong Buy," one suggests "Moderate Buy," and one indicates “Hold.” Its mean price target of $53 indicates a premium of 37% from the prevailing market prices.