These Analysts Increase Their Forecasts On O'Reilly Automotive After Q3 Results

O’Reilly Automotive, Inc. (NASDAQ:ORLY) reported third-quarter financial results and issued FY24 EPS guidance below estimates, after the closing bell on Wednesday.

O’Reilly Automotive reported quarterly earnings of $11.41 per share which missed the analyst consensus estimate of $11.61 per share. The company reported quarterly sales of $4.36 billion which missed the analyst consensus estimate of $4.43 billion.

The company said it sees FY24 total revenue of $16.6 billion to $16.8 billion, versus estimates of $16.75 billion. The company projects diluted EPS of $40.60 to $41.10 versus expectations of $41.14.

O’Reilly shares gained 0.1% to trade at $1,200.67 ...