O'Reilly Automotive Q4 2023 GAAP EPS $9.26 Beats $9.10 Estimate, Sales $3.83B Miss $3.86B Estimate
Portfolio Pulse from Benzinga Newsdesk
O'Reilly Automotive (ORLY) reported Q4 2023 earnings of $9.26 per share, surpassing the $9.10 estimate. However, their sales of $3.83B fell short of the $3.86B estimate, marking a 5.09% increase from the previous year.
February 07, 2024 | 9:31 pm
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O'Reilly Automotive exceeded Q4 EPS estimates but missed sales forecasts, showing a 5.09% year-over-year sales increase.
While ORLY surpassed EPS estimates, the slight miss in sales forecasts could temper investor enthusiasm, leading to a neutral short-term impact on the stock price. The year-over-year sales growth indicates underlying strength, but the miss on expectations may lead to mixed reactions in the market.
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