Investing.com - O’Reilly Automotive reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
O’Reilly Automotive announced earnings per share of $7.17 on revenue of $3.3B. Analysts polled by Investing.com anticipated EPS of $7.49 on revenue of $3.32B.
O’Reilly Automotive shares are up 1% from the beginning of the year and are trading at $670.21 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is down 20.32% from the start of the year.
O’Reilly Automotive shares lost 6.04% in after-hours trade the report.
O’Reilly Automotive follows other major Consumer Discretionary sector earnings this month
O’Reilly Automotive's report follows an earnings beat by Tesla on Wednesday, April 20, 2022, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.26 on revenue of $17.87B.
BYD ADR had missed expectations on Tuesday, March 29, 2022 with first quarter EPS of $0.0661 on revenue of $11.18B, compared to forecast for EPS of $0.2333 on revenue of $6.72B.
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