CORRECTION: O'Reilly Automotive Q2 EPS $10.22 Beats $10.09 Estimate, Sales $4.07B Beat $3.99B Estimate
Portfolio Pulse from Benzinga Newsdesk
O'Reilly Automotive has reported its Q2 earnings per share (EPS) at $10.22, surpassing the estimated $10.09. The company's sales also exceeded expectations, coming in at $4.07 billion against the estimated $3.99 billion.
July 27, 2023 | 11:48 am
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POSITIVE IMPACT
O'Reilly Automotive's Q2 earnings and sales have both exceeded estimates, which could positively impact the company's stock in the short term.
Earnings reports are a significant factor in a company's stock performance. O'Reilly Automotive's better-than-expected Q2 earnings and sales could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100