Third quarter comparable store sales growth of 1.5%6% increase in third quarter diluted earnings per share to $11.41$2.4 billion net cash provided by operating activities year-to-date SPRINGFIELD, Mo., Oct. 23, 2024 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced record revenue and earnings for its third quarter ended September 30, 2024. 3rd Quarter Financial ResultsBrad Beckham, O’Reilly’s ...

Group 1 - O'Reilly Automotive (ORLY) is expected to report quarterly earnings of $11.54 per share, a 7.7% increase year-over-year, with revenues forecasted at $4.43 billion, reflecting a 5.3% year-over-year increase [1] - The consensus EPS estimate has been adjusted upward by 0.4% over the past 30 days, indicating a reassessment by analysts [1] - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [1] Group 2 - Analysts predict 'Sales to Do-It-Yourself Customers' will reach $2.28 billion, a year-over-year increase of 3.3% [2] - 'Sales to professional service provider customers' are estimated at $2.06 billion, indicating a 7.6% increase from the previous year [2] - 'Other sales and sales adjustments' are expected to be $79.82 million, reflecting a year-over-year decrease of 2.6% [2] Group 3 - The estimated 'Comparable store sales - YoY change' is 2.7%, down from 8.7% in the previous year [3] - Analysts expect 'Square footage - Total' to be 47.91 million square feet, compared to 46.26 million square feet last year [3] - The total number of stores is projected to be 6,300, up from 6,111 a year ago, with 56 new stores expected to open compared to 40 in the same quarter last year [3] Group 4 - O'Reilly Automotive shares have increased by 7.9% in the past month, outperforming the Zacks S&P 500 composite's 3.8% increase [3] - The company holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [3]

O'Reilly Automotive, Inc. (NASDAQ: ORLY ) is one of the largest specialty auto retailers supplying parts, tools, equipment, and other auto goods in the US, Puerto Rico, Mexico, and Canada. The company sells to both professional service providers and casual retail customers. With over 6,000 stores Earnings analysis of individual stocks and macro analysis of broad asset class, sector and country-specific funds to discover trends using a top-down approach. For more content visit my website or follow me on Twit ...

Earnings Release Date – Wednesday, October 23, 2024, after 3:30 p.m. Central Time Conference Call Date – Thursday, October 24, 2024, at 10:00 a.m. Central Time SPRINGFIELD, Mo., Oct. 01, 2024 (GLOBE NEWSWIRE) -- O'Reilly Automotive, Inc. (the "Company" or "O'Reilly") (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its third quarter 2024 results as Wednesday, October 23, 2024, with a conference call to follow on Thursday, October 24, 2024. The Company ...

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A month has gone by since the last earnings report for O'Reilly Automotive (ORLY) . Shares have added about 3.2% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is O'Reilly Automotive due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. O'Reilly Q2 Earnings Miss Mark, 20 ...

The automotive sector aftermarket industry is projected to reach a staggering $400 billion valuation by 2025, which presents a compelling investment opportunity. Several factors propel this growth, including a progressively aging vehicle fleet, a steady rise in miles driven, and a consistent escalation in demand for vehicle maintenance and repairs. O'Reilly Automotive NASDAQ: ORLY is a leader in this dynamic sector, consistently surpassing market performance and delivering substantial growth and consistent ...

It isn't just high-flying tech stocks that are putting up massive shareholder returns. Since August 2019, the S&P 500 has produced a total return of 97%. This is much better than the broad index's historical annualized gain of roughly 10%. But there's one phenomenal retail stock that has crushed the S&P 500. In the past five years, it has soared 202% (as of Aug. 7), a fantastic gain that would've tripled an investor's capital. Continue reading to learn more about this stellar business that you might not alr ...

deepblue4you In this article, I will focus on the development of the first full quarter under the leadership of new O'Reilly's CEO Brad Beckam, and why I believe despite being short on consensus expectations for top and bottom lines and lowering the guidance for 2024, the stock price went up the day after the release (25th of July 2024). Revenues: Outperforming The Industry 1 11 O'Reilly Automotive, Inc. (NASDAQ:ORLY) has recently reported its Q2 results, and while the company is starting to feel the tough ...

O'Reilly Automotive, Inc. ORLY reported worse-than-expected second-quarter financial results and issued FY24 guidance below estimates, after the closing bell on Wednesday. O'Reilly Automotive said it sees FY24 earnings of $40.75 to $41.25 per share, versus estimates of $41.86 per share. The company expects total revenue of $16.6 billion to $16.9 billion versus estimates of $17.85 billion. Truist Securities analyst Scot Ciccarelli maintained O'Reilly Automotive with a Buy rating and raised the price target f ...