LKQ (LKQ) reported Q2 adjusted earnings Thursday of $0.67 per diluted share, down from $0.84 a year earlier.
Analysts polled by FactSet expected $0.71.
Revenue for the quarter ended June 30 was $3.41 billion, compared with $3.51 billion a year earlier.
Analysts surveyed by FactSet expected $3.48 billion.
For 2026, the company cut its adjusted earnings guidance to $2.60 to $2.90 per diluted share from its prior outlook of $2.90 to $3.20. Analysts polled by FactSet expect $2.97.
The board kept the company's quarterly dividend at $0.30 per share, payable Sept. 3 to shareholders of record as of Aug. 20.
LKQ shares were up 12% in Thursday premarket trading.