Investing.com - O'Reilly reported third quarter earnings that beat analyst's expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $4.5 on revenue of $2.48B. Analysts polled by Investing.com expected EPS of $4.3 on revenue of $2.49B. That compared to EPS of $3.22 on revenue of $2.34B in the same period a year earlier. The company had reported EPS of $4.28 on revenue of $2.46B in the previous quarter.
O'Reilly shares slightly moved 0.00% to trade at $322.83 in after-hours trade following the report.
For the year, O'Reilly shares are up 118.71%, outperforming the Nasdaq which is up 2.46% year to date.
O'Reilly follows other major Consumer Cyclical sector earnings this month
On Tuesday, September 25, 2018, Nike (NYSE:NKE) reported first quarter EPS of $0.67 on revenue of $9.95B, compared to forecasts of EPS of $0.63 on revenue of $9.93B.
Tesla earnings beat analyst's expectations on Wednesday, with third quarter EPS of $1.75 on revenue of $6.82B. Investing.com analysts expected EPS of $-0.03 on revenue of $6.05B
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