O'Reilly Automotive Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - O'Reilly Automotive (NASDAQ:ORLY)

Core Viewpoint - O'Reilly Automotive is expected to report improved earnings and revenue for the third quarter, indicating positive growth trends in the automotive retail sector [1]. Earnings Expectations - The company is projected to report earnings of 83 cents per share for Q3, an increase from 76 cents per share in the same period last year [1]. - The consensus estimate for quarterly revenue is $4.69 billion, up from $4.36 billion a year earlier [1]. Recent Performance and Guidance - In Q2, O'Reilly Automotive posted in-line earnings and raised its FY25 sales guidance, reflecting confidence in future performance [2]. - The stock price increased by 0.3% to close at $101.31 on the day prior to the earnings announcement [2]. Analyst Ratings and Price Targets - Wells Fargo analyst Zachary Fadem maintained an Overweight rating and raised the price target from $105 to $115 [4]. - UBS analyst Michael Lasser maintained a Buy rating and increased the price target from $115 to $120 [4]. - TD Cowen analyst Max Rakhlenko maintained a Buy rating and raised the price target from $112 to $125 [4]. - Evercore ISI Group analyst Greg Melich maintained an Outperform rating and increased the price target from $108 to $110 [4]. - DA Davidson analyst Michael Baker maintained a Buy rating and raised the price target from $107 to $115 [4].