O'Reilly Automotive Inc reports results for the quarter ended in June - Earnings Summary

OReilly Automotive

25/07/2024 24:27

* O'Reilly Automotive Inc  ORLY.OQ  reported quarterly
adjusted
earnings of $10.55​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of $10.22.  The mean expectation of twenty
four analysts for the quarter was for earnings of $10.98 per
share. Wall Street expected results to range from $10.61 
to $11.25 per share.
    * Revenue rose 5% to $4.27 billion from a year ago; analysts
expected $4.32 billion. 
    * O'Reilly Automotive Inc's reported EPS for the quarter was
$10.55​.
    * The company reported quarterly net income of $622.85
million.
    * O'Reilly Automotive Inc shares had fallen by 0.7% this
quarter and gained 10.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, eleven analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the auto
vehicles,
parts & service retailers peer group is also "buy"

Wall Street's median 12-month price target for O'Reilly
Automotive Inc is $1,177.50 
This summary was machine generated from LSEG data July 24 at
11:27 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      10.98          10.55          Missed
 Mar. 31 2024      9.28           9.20           Missed
 Dec. 31 2023      9.17           9.26           Beat
 Sep. 30 2023      10.40          10.73          Beat