Investing.com - O’Reilly Automotive reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
O’Reilly Automotive announced earnings per share of $7.06 on revenue of $3.09B. Analysts polled by Investing.com anticipated EPS of $5.34 on revenue of $2.83B.
O’Reilly Automotive shares are up 14% from the beginning of the year and are trading at $529.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.37% from the start of the year.
O’Reilly Automotive shares gained 0.01% in after-hours trade the report.
O’Reilly Automotive follows other major Consumer Cyclical sector earnings this month
O’Reilly Automotive's report follows an earnings beat by Tesla on Monday, who reported EPS of $0.93 on revenue of $10.39B, compared to forecasts EPS of $0.7428 on revenue of $10.42B.
Sony ADR had beat expectations on Wednesday with fourth quarter EPS of $0.7934 on revenue of $20.39B, compared to forecast for EPS of $0.3297 on revenue of $19.14B.
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