Why LKQ fell 21.6% on Oct 23 2026: earnings warning
LKQ-21.6%on Fri Oct 23 2026
LKQ Corporation was down 21.6% on the day at $17.61, ranked #3 on 105× its usual five-minute volume, when TapeRank recorded this drop at 09:30 ET during regular hours.
THE DAY ON THE LIST · 1 EVENT
- 09:30 ETMOVER · REGULAR
$17.61 · ▼ 21.6% ON THE DAY · 105× 5M RVOL · RANK #3
JUSTIFIEDCONFIDENCE5/5LKQ fell 21.1% after reporting sharply weaker preliminary Q3 results, including a 37%-44% adjusted EPS decline, a 5.4% organic revenue decline, severe European margin deterioration, withdrawn FY26 guidance, and an immediate CEO departure. The magnitude of the move is consistent with a material earnings warning combined with leadership disruption.
WHYDown 21.1% on preliminary results showing adjusted EPS down from $0.84 to $0.47-$0.53, guidance withdrawal, and CEO replacement is proportionate to the news.ANALYZED 09:49 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 09:30 ET
LAST17.61DAY▼ 21.6%5 MIN▼ 4.81%5M RVOL105×5M $VOL$3.2MFLOAT*253.0MRANK#3SESSIONREGULARVWAP19.13HOD22.13LOD17.99OR HIGH—OR LOW—PREV CLOSE22.47PM HIGH22.13PM LOW17.99GAP▼ 19.94% (indicated)* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
THE SESSION
- 09:30 ETOpened at $18.16, -19.2% on the previous close of $22.47
- 09:34 ETRegular-session low, $17.21
- 11:12 ETRegular-session high, $18.29
- 15:59 ETLast trade of the regular session, $17.40, -22.6% on the previous close of $22.47
- Volume: 21.8M shares in regular hours, 117K before the open
LKQ opened at $18.16, already down 19.2% from the previous close, then fell to $17.21 within minutes before recovering to $18.29 by late morning and ending the regular session at $17.40, down 22.6%. TapeRank’s read tied the move to an earnings warning: preliminary third-quarter results showed adjusted EPS of $0.47-$0.53, a 5.4% organic revenue decline, severe European margin deterioration, withdrawn FY26 guidance and the CEO’s departure, with interim co-CEOs appointed. There were no halts during the session.
WRITTEN FRI OCT 23 2026 16:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
- 08:08 ETLKQ Reports Preliminary Q3 Adjusted EPS Of $0.47-$0.53 And Sales Of $3.32B; Results Primarily Reflect Underperformance In Europe; Withdraws FY26 Guidance; Appoints Interim Co-CEOs And Salvatore A. Abbate As Future President And CEO, Effective December 15, Replacing Justin Jude, Who Steps Down ImmediateBenzinga
- 08:06 ET8-K — Results of Operations and Financial Condition; Departure or Election of Directors or Officers; Regulation FD Disclosure; Financial Statements and ExhibitsSEC 8-K
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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