Stock 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
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
