Investing.com - O'Reilly (NASDAQ:ORLY) reported fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $3.72 on revenue of $2.31B. Analysts polled by Investing.com expected EPS of $3.75 on revenue of $2.33B. That compared to EPS of $2.90 on revenue of $2.19B in the same period a year earlier. The company had reported EPS of $4.5 on revenue of $2.48B in the previous quarter.
O'Reilly shares lost 2.44% to trade at $345.00 in after-hours trade following the report.
O'Reilly shares lost 2.44% to trade at $345.00 in after-hours trade following the report.
For the year, O'Reilly shares are up 2.7%, under-performing the Nasdaq which is up 13.35% year to date.
O'Reilly follows other major Consumer Cyclical sector earnings this month
On Tuesday, January 29, 2019, Louis Vuitton ADR reported fourth quarter EPS of $1.56 on revenue of $15.65B, compared to forecasts of EPS of $1.56 on revenue of $15.76B.
General Motors earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $1.43 on revenue of $38.4B. Investing.com analysts expected EPS of $1.24 on revenue of $36B
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