LKQ Corp. said its normalized net income for the second quarter came to 46 cents per share, compared with the S&P Capital IQ consensus estimate of 52 cents per share.
EPS rose year over year from 45 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $141.4 million, a gain from $138.0 million in the year-earlier period.
The normalized profit margin fell to 5.8% from 6.0% in the year-earlier period.
Total revenue rose 6.7% year over year to $2.46 billion from $2.30 billion, and total operating expenses climbed 7.4% year over year to $2.21 billion from $2.06 billion.
Reported net income rose 9.1% on an annual basis to $152.1 million, or 49 cents per share, from $139.4 million, or 45 cents per share.
