LKQ withdraws 2026 guidance and CEO Justin Jude leaves; preliminary Q3 shows a loss
Salvatore A. Abbate becomes President and Chief Executive Officer on 15 December 2026. Preliminary Q3 2026 revenue was $3.32bn, against $3.50bn a year earlier.
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Salvatore A. Abbate becomes President and Chief Executive Officer on 15 December 2026. Preliminary Q3 2026 revenue was $3.32bn, against $3.50bn a year earlier.
Provisions and expenses tied to what it called its fastest-ever originations growth pushed the student lender to a Q3 2026 loss; it now expects 2026 net charge-offs of $400m-$420m.
The New York lender blamed higher-for-longer interest rates; its Q3 2026 credit loss provision rose $58m from Q2, which it attributed mainly to higher rates, including on NYC rent-regulated loans.
Civil and commercial revenue dropped in fiscal Q2 2027 while national security work edged up; adjusted EPS rose 18.1% to $1.76.
The US heating, ventilation, air conditioning and electrical contractor reported Q3 2026 diluted EPS of $13.91, against $8.25 a year earlier, and operating cash flow of $1.01bn.
Revenue slipped to $990.5m. Online and Managed & Other Adjusted EBITDAR grew, and Boyd said Midwest & South grew after adjusting for a closure, a sale and higher property taxes.
Infrastructure revenue rose 210%, which the chipmaker tied to its optical AI data center products, and it guided Q4 2026 revenue to $240m-$260m.
Core Operations revenue grew 7.2% organically in Q3 2026. Non-GAAP adjusted diluted EPS rose 22% to $2.73 from Omnicom's standalone $2.24, as the IPG deal nears its first anniversary.
Talent solutions revenue rose 1.6% year on year on an adjusted basis in Q3 2026, while the Protiviti consulting unit shrank. Net income rose to $50m.
Q3 2026 revenue rose 138.1% to $1,235.8m, which Bloom called a quarterly record, and it now expects $4.4bn to $4.6bn for the full year.