O'Reilly Automotive Inc ORLY:NASDAQ

Last Price$422.70NASDAQ Previous Close - Last Trade as of 3:59PM ET 6/05/20

Today's Change0(0.00%)
Bid (Size)$422.33 (14)
Ask (Size)$425.00 (1)
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O'Reilly Automotive Q2 Results Miss Street Estimates, Issues Mixed Q3, 2019 Guidance

4:55PM ET 7/24/2019 MT Newswires
O'Reilly Automotive (ORLY) shares are lower in after-hours trade after the company reported Q2 earnings of $4.51 per share, $0.04 below their guidance range and $0.16 below the Capital IQ consensus estimate. This compares to $4.28 per share in the same quarter last year.

Total revenue increased by more than 5% to $2.59B but missed the estimated $2.61 billion.

As a result of unseasonably cool and rainy weather in many of their markets, comparable store sales growth was 3.4% which was at the lower end of their forecasted range of 3% to 5%.

For Q3, the company forecasts earnings to be between $4.73 to $4.83 per share versus the estimated $4.81 per share.

For 2019, earnings are expected to be between $17.37 to $17.47 per share on $10.0 billion to $10.3 billion in revenue. This compares to the estimated $17.72 in earnings on $10.13 billion in revenue.

Price: 396.50, Change: 0.00, Percent Change: 0.00