Reports Q3 revenue $4.71B, consensus $4.69B. Brad Beckham, O’Reilly’s CEO, commented, “We are pleased to report another quarter of solid performance and profitable growth, highlighted by a 5.6% increase in comparable store sales and a 12% increase in diluted earnings per share for the third quarter. Our Team continues to execute our proven business model at a very high level, generating robust sales growth by delivering share gains on both sides of our business. Team O’Reilly’s commitment to providing unparalleled service to our customers drove our strong results, and I would like to thank each of our over 93,000 Team Members for their unrelenting hard work and dedication.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORLY:
- O’Reilly Automotive options imply 3.1% move in share price post-earnings
- Notable companies reporting after market close
- O’Reilly Auto’s Growth Potential and Resilience: Analyst Recommends Buy Rating
- O’Reilly Automotive price target raised to $112 from $104 at Mizuho
- ORLY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
