LKQ Corp. said its first-quarter normalized net income amounted to 43 cents per share, compared with the S&P Capital IQ consensus estimate of 46 cents per share.
EPS rose year over year from 42 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $134.9 million, an increase from $129.2 million in the prior-year period.
The normalized profit margin declined to 5.8% from 6.7% in the year-earlier period.
Total revenue rose 21.9% year over year to $2.34 billion from $1.92 billion, and total operating expenses climbed 22.3% year over year to $2.10 billion from $1.72 billion.
Reported net income grew 25.4% year over year to $139.6 million, or 45 cents per share, from $111.3 million, or 36 cents per share.
