O'Reilly Automotive Q3 2024 GAAP EPS $11.41 Misses $11.61 Estimate, Sales $4.36B Miss $4.43B Estimate
Portfolio Pulse from Benzinga Newsdesk
O'Reilly Automotive's Q3 2024 earnings and sales missed analyst estimates, with EPS at $11.41 and sales at $4.36 billion. Despite the miss, sales increased by 3.74% compared to the same period last year.
October 23, 2024 | 8:31 pm
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O'Reilly Automotive reported Q3 2024 earnings per share of $11.41, missing the consensus estimate of $11.61. Sales were $4.36 billion, below the expected $4.43 billion. Despite the miss, sales increased by 3.74% year-over-year.
The earnings and sales figures both missed analyst expectations, which is typically viewed negatively by investors and could lead to a short-term decline in stock price. However, the year-over-year sales growth of 3.74% may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100