Investing.com - O’Reilly Automotive reported second quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $4.51 on revenue of $2.59B. Analysts polled by Investing.com expected EPS of $4.67 on revenue of $2.61B. That compared to EPS of $4.28 on revenue of $2.46B in the same period a year earlier. The company had reported EPS of $4.05 on revenue of $2.41B in the previous quarter.
O’Reilly Automotive shares lost 1.64% to trade at $390.00 in after-hours trade following the report.
O’Reilly Automotive shares lost 1.64% to trade at $390.00 in after-hours trade following the report.
For the year, O’Reilly Automotive shares are up 15.15%, under-performing the Nasdaq which is up 27.89% year to date.
O’Reilly Automotive follows other major Consumer Cyclical sector earnings this month
On Thursday, June 27, 2019, Nike reported fourth quarter EPS of $0.62 on revenue of $10.18B, compared to forecasts of EPS of $0.66 on revenue of $10.16B.
VF earnings beat analyst's expectations on Wednesday, with first quarter EPS of $0.3 on revenue of $2.27B. Investing.com analysts expected EPS of $0.29 on revenue of $2.24B
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