O’Reilly Automotive Earnings Miss, Revenue Beats In Q1

by TheTradesLessTaken
imageStock Markets12 hours ago (Apr 22, 2020 04:34PM ET)

(C) Reuters. O’Reilly Automotive Earnings Miss, Revenue Beats In Q1

Investing.com – O’Reilly Automotive (NASDAQ:ORLY) reported on Wednesday first quarter earnings that missed analysts’ forecasts and revenue that topped expectations.

O’Reilly Automotive announced earnings per share of $3.97 on revenue of $2.48B. Analysts polled by Investing.com anticipated EPS of $4.05 on revenue of $2.47B. That with comparison to EPS of $4.05 on revenue of $2.41B in the same period a year before. O’Reilly Automotive had reported EPS of $4.25 on revenue of $2.48B in the previous quarter. Analysts are expecting EPS of $4.02 and revenue of $2.5B in the upcoming quarter.

O’Reilly Automotive shares are down 15.97% from the beginning of the year , still down 18.94% from its 52 week high of $454.31 set on November 18, 2019. They are under-performing the S&P 500 which is down 13.73% year to date.

O’Reilly Automotive shares lost 0.37% in after-hours trade following the report.

O’Reilly Automotive’s report follows an earnings missed by Nike on March 24, who reported EPS of $0.53 on revenue of $10.1B, compared to forecasts EPS of $0.59 on revenue of $9.81B.

PACCAR had missed expectations on Tuesday with first quarter EPS of $1.03 on revenue of $4.78B, compared to forecast for EPS of $1.22 on revenue of $4.99B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

O’Reilly Automotive Earnings Miss, Revenue Beats In Q1

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