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ORLY OReilly Automotive News Story

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O'Reilly Automotive rises after higher Q1 profit

** Auto parts retailer O'Reilly Automotive's ORLY.O shares rise 7% to $98.19 after higher Q1 revenue and profit on strong demand for replacement auto parts

** Strong demand for parts comes as steep new vehicle prices push consumers to keep older cars on roads

** Q1 adj. EPS 72 cents vs analysts' estimates of 69 cents, as per LSEG data

** Q1 rev rises nearly 10% to about $4.6 billion

** The average rating of 30 analysts is "buy" and the median price target is $110.00, per LSEG data

** Including session's moves, ORLY shares up 7.6% YTD

** ORLY stock is ~10% below its all-time intraday high of $108.72 reached on September 30

 (Reporting by Utkarsh Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))

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