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Earnings Snapshot: O'Reilly Automotive posts $528.6 million Q4 earnings
By AP News - Feb 08, 2023, 06:12 PM ET
Last Updated - Jun 22, 2023, 10:31 PM EDT
Springfield, Missouri-based O'Reilly Automotive reported $8.37 net income per share
SPRINGFIELD, Mo. (AP) ORLY" target="_blank">O'Reilly Automotive Inc. (ORLY) on Wednesday reported fourth-quarter earnings of $528.6 million.
The Springfield, Missouri-based company said it had net income of $8.37 per share.
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The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $7.71 per share.
The auto parts retailer posted revenue of $3.64 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $3.52 billion.
For the year, the company reported profit of $2.17 billion, or $33.44 per share. Revenue was reported as $14.41 billion.
O'Reilly Automotive expects full-year earnings to be $35.75 to $36.25 per share, with revenue in the range of $15.2 billion to $15.5 billion.
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