O'Reilly Automotive: Q1 Earnings Snapshot
By AP News
Published - Apr 24, 2024, 04:45 PM ET
Last Updated - Apr 24, 2024, 04:45 PM EDT
SPRINGFIELD, Mo. (AP) — SPRINGFIELD, Mo. (AP) — O'Reilly Automotive Inc. (ORLY) on Wednesday reported first-quarter profit of $547.2 million.
On a per-share basis, the Springfield, Missouri-based company said it had profit of $9.20.
The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $9.18 per share.
The auto parts retailer posted revenue of $3.98 billion in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $3.96 billion.
