O'Reilly Automotive Inc (ORLY) Releases Earnings Results, Misses Expectations By $-0.03 EPS

O'Reilly Automotive Inc (ORLY) reported quarterly earnings results on Wednesday, Jul-27-2016. The company reported $2.65 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $2.68. The company posted revenue of $2176.68 million in the period, compared to analysts expectations of $2193.15 million. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.29 EPS.

Many Wall Street Analysts have commented on O'Reilly Automotive Inc. Company shares were Reiterated by RBC Capital Mkts on Apr 29, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 266 from a previous price target of $257 .

O'Reilly Automotive Inc opened for trading at $278.8 and hit $292.84 on the upside on Thursday, eventually ending the session at $288.67, with a gain of 4.02% or 11.16 points. The heightened volatility saw the trading volume jump to 23,81,690 shares. Company has a market cap of $27,844 M.

In a different news, on Jun 29, 2016, Thomas Mcfall (CFO & EVP OF FINANCE) sold 10,000 shares at $270.00 per share price. According to the SEC, on Jun 6, 2016, Ronald Rashkow (director) sold 367 shares at $265.29 per share price. On May 27, 2016, Paul R Lederer (director) sold 1,865 shares at $265.00 per share price, according to the Form-4 filing with the securities and exchange commission.

O’Reilly Automotive Inc. (O’Reilly) is a specialty retailer of automotive aftermarket parts tools supplies equipment and accessories in the United States. The Company’s stores carry a product line including new and remanufactured automotive hard parts maintenance items and various automotive accessories. As of December 31 2014 the Company owned and operated 4366 stores in 43 states servicing both the do-it-yourself (DIY) customers and the professional service providers. O’Reilly’s stores offer new and remanufactured automotive hard parts such as alternators starters fuel pumps water pumps brake system components batteries belts hoses temperature control chassis parts and engine parts; maintenance items such as oil antifreeze fluids filters wiper blades lighting engine additives and appearance products and accessories such as floor mats seat covers and truck accessories.

O'Reilly Automotive Inc

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