LKQ: 4Q Earnings Snapshot

CHICAGO (AP) _ LKQ Corp. (LKQ) on Thursday reported fourth-quarter net income of $140.4 million.

The Chicago-based company said it had net income of 46 cents per share. Earnings, adjusted for one-time gains and costs, were 54 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The vehicle components company posted revenue of $3.01 billion in the period, meeting Street forecasts.

For the year, the company reported profit of $541.3 million, or $1.74 per share. Revenue was reported as $12.51 billion.

LKQ expects full-year earnings in the range of $2.46 to $2.58 per share.

LKQ shares have dropped almost 5% since the beginning of the year. The stock has climbed 26% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LKQ at https://www.zacks.com/ap/LKQ