LKQ Corp. said its third-quarter normalized net income amounted to 38 cents per share, compared with the S&P Capital IQ consensus estimate of 45 cents per share.
EPS climbed 17.5% year over year from 32 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $117.2 million, a gain of 18.3% from $99.1 million in the prior-year period.
The normalized profit margin fell to 4.7% from 5.4% in the year-earlier period.
Total revenue grew 30.3% on an annual basis to $2.39 billion from $1.83 billion, and total operating expenses increased 31.0% year over year to $2.18 billion from $1.66 billion.
Reported net income increased 22.1% year over year to $124.0 million, or 40 cents per share, from $101.6 million, or 33 cents per share.