Why LKQ (LKQ) Is Falling Today

NEW YORK (TheStreet) -- LKQ (LKQ) was falling 7.1% to $27.01 Thursday after missing analysts' expectations for earnings and revenue for the fourth quarter.

The auto parts company reported earnings of 26 cents a share for the fourth quarter. Capital IQ Consensus Estimate called for earnings of 29 cents a share for the quarter. Revenue rose 23.3% from the year-ago quarter to $1.32 billion, while analysts expected revenue of $1.33 billion.

For the full-year 2014 LKQ expects earnings of between $1.30 and $1.40 a share, while analysts expect $1.38 a share. The company expects net income of between $400 million and $430 million in 2014. LKQ also expects organic revenue growth of between 8% and 10$ for parts and services in 2014.

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TheStreet Ratings team rates LKQ CORP as a "buy" with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:

"We rate LKQ CORP (LKQ) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."

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