Investing.com - O’Reilly Automotive (NASDAQ:ORLY) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $5.08 on revenue of $2.67B. Analysts polled by Investing.com anticipated EPS of $4.79 on revenue of $2.64B. That compared to EPS of $4.5 on revenue of $2.48B in the same period a year earlier. The company had reported EPS of $4.51 on revenue of $2.59B in the previous quarter.
O’Reilly Automotive shares gained 2.11% to trade at $409.00 in after-hours trade following the report.
O’Reilly Automotive shares gained 2.11% to trade at $409.00 in after-hours trade following the report.
For the year, O’Reilly Automotive shares are up 16.32%, under-performing the Nasdaq which is up 24.79% year to date.
O’Reilly Automotive follows other major Consumer Cyclical sector earnings this month
On Tuesday, September 24, 2019, Nike reported first quarter EPS of $0.86 on revenue of $10.66B, compared to forecasts of EPS of $0.7 on revenue of $10.44B.
Ford Motor earnings beat analyst's expectations on Wednesday, with third quarter EPS of $0.34 on revenue of $36.99B. Investing.com analysts expected EPS of $0.26 on revenue of $36.73B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar