O'Reilly Automotive ORLY is gearing up to announce its quarterly earnings on Wednesday, 2024-10-23. Here's a quick overview of what investors should know before the release.
Analysts are estimating that O'Reilly Automotive will report an earnings per share (EPS) of $11.61.
The market awaits O'Reilly Automotive's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings Track Record
During the last quarter, the company reported an EPS missed by $0.44, leading to a 4.02% increase in the share price on the subsequent day.
Here's a look at O'Reilly Automotive's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 10.99 | 9.26 | 9.14 | 10.37 |
| EPS Actual | 10.55 | 9.20 | 9.26 | 10.72 |
| Price Change % | 4.0% | -4.0% | -4.0% | 5.0% |
Tracking O'Reilly Automotive's Stock Performance
Shares of O'Reilly Automotive were trading at $1219.01 as of October 21. Over the last 52-week period, shares are up 37.8%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for O'Reilly Automotive visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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