O'Reilly Auto Parts Sees FY24 Total Revenue $16.6B-$16.8B Vs $16.75B Est.; Diluted EPS $40.60-$41.10 Per Share Vs $41.14 Est.
Portfolio Pulse from Benzinga Newsdesk
O'Reilly Auto Parts has released its financial guidance for FY24, projecting total revenue between $16.6 billion and $16.8 billion, slightly below the estimated $16.75 billion. The company also forecasts diluted EPS between $40.60 and $41.10, which is slightly below the estimated $41.14.
October 23, 2024 | 8:34 pm
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O'Reilly Auto Parts' FY24 guidance shows revenue and EPS slightly below analyst estimates, which may lead to a cautious market reaction.
The guidance provided by O'Reilly Auto Parts for FY24 indicates both revenue and EPS are slightly below market expectations. This could lead to a negative short-term impact on the stock price as investors may react to the lower-than-expected financial outlook.
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