O'Reilly Automotive (NASDAQ:ORLY) reported its Q1 earnings results on Wednesday, April 27, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
O'Reilly Automotive missed estimated earnings by 4.14%, reporting an EPS of $7.17 versus an estimate of $7.48.
Revenue was up $205.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.59 which was followed by a 2.85% increase in the share price the next day.
Here's a look at O'Reilly Automotive's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 6.05 | 7.14 | 7.13 | 5.47 |
| EPS Actual | 7.64 | 8.07 | 8.33 | 7.06 |
| Revenue Estimate | 3.10B | 3.28B | 3.17B | 2.86B |
| Revenue Actual | 3.29B | 3.48B | 3.47B | 3.09B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
O'Reilly Automotive management provided guidance for FY 2022, expecting earnings between $32.35 and $32.85 per share.
To track all earnings releases for O'Reilly Automotive visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
