A Glimpse of O'Reilly Automotive's Earnings Potential
Portfolio Pulse from Benzinga Insights
O'Reilly Automotive (NASDAQ:ORLY) is set to announce its quarterly earnings on October 23, 2024. Analysts expect an EPS of $11.61. The market is optimistic about the company surpassing estimates and providing positive guidance. In the last quarter, despite missing EPS estimates, the stock rose by 4.02% the next day. ORLY shares have increased by 37.8% over the past year.
October 22, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
O'Reilly Automotive is expected to announce its quarterly earnings with an EPS estimate of $11.61. The market is hopeful for a positive surprise and upbeat guidance, which could drive the stock price. Historically, even when missing estimates, ORLY's stock has shown resilience.
The upcoming earnings announcement is crucial for ORLY as it could influence short-term stock price movements. The market's optimism for surpassing EPS estimates and positive guidance suggests a potential upward movement in the stock price. Historical performance shows resilience even when estimates are missed, indicating investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100