OReilly Automotive (ORLY) Stock

O'Reilly Automotive (ORLY) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

While past performance does not ensure future success, this company has demonstrated its value.

O'Reilly Automotive, Inc. (ORLY) announced its financial results for the third quarter and provided FY24 EPS guidance that was lower than expected, after the market closed on Wednesday.

O'Reilly Automotive, Inc. (NASDAQ:ORLY) will hold its Q3 2024 Results Conference Call on October 24, 2024, at 11:00 AM ET. The call will feature company leaders including Jeremy Fletcher, Brad Beckham, and Brent Kirby, along with analysts from various financial institutions. The operator, Ali, welcomed everyone to the call.

ORLY has announced Q3 results that were not as good as anticipated and now predicts that total revenues for 2024 will be between $16.6 and $16.8 billion. This is a decrease from their previous estimate of $16.6 to $16.9 billion.

The financial results for O'Reilly Automotive (ORLY) provide an overview of the company's performance for the quarter ending in September 2024. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

SPRINGFIELD, Mo., Oct. 23, 2024 (GLOBE NEWSWIRE) -- O'Reilly Automotive, Inc. (referred to as "the Company" or "O'Reilly") (Nasdaq: ORLY), a top retailer in the automotive aftermarket sector, has reported its highest revenue and earnings for the third quarter that ended on September 30, 2024.

O'Reilly Automotive, Inc. is a top auto parts retailer, operating more than 6,000 stores and generating $16 billion in revenue, with a market capitalization of $66.8 billion. Investors are attracted to O'Reilly due to its solid revenue and cash flow, achieving returns of 25.9% in the past year and 196.0% over the last five years. However, ORLY's valuation appears high, with a forward P/E ratio of 28.4x, which could present challenges in a more difficult economic climate for consumer discretionary stocks.

SPRINGFIELD, Mo., Oct. 01, 2024 (GLOBE NEWSWIRE) -- O'Reilly Automotive, Inc. (the “Company” or “O'Reilly”) (Nasdaq: ORLY), a top retailer in the automotive aftermarket sector, has announced that it will release its third quarter 2024 results on Wednesday, October 23, 2024. A conference call will take place the next day, on Thursday, October 24, 2024.