O'Reilly Automotive: Fourth Quarter Earnings Overview
O'Reilly Automotive Reports Fourth-Quarter Financial Results
O'Reilly Automotive Inc., headquartered in Springfield, Missouri, announced a net profit of $605.2 million for the fourth quarter.
The company’s earnings translated to 71 cents per share for the quarter.
These earnings came in just below analysts’ expectations, as a consensus of 12 analysts polled by Zacks Investment Research had anticipated 72 cents per share.
Despite the slight earnings miss, O'Reilly Automotive’s revenue reached $4.41 billion during the quarter, surpassing the $4.4 billion forecasted by nine analysts surveyed by Zacks.
For the full year, the company reported a total profit of $2.54 billion, or $2.97 per share, on revenue of $17.78 billion.
Looking ahead, O'Reilly Automotive projects its annual earnings to fall between $3.10 and $3.20 per share, with expected revenue ranging from $18.7 billion to $19 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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