O’Reilly Automotive Earnings, Revenue Miss in Q1
2022.04.28 00:52
O’Reilly Automotive Earnings, Revenue Miss in Q1
Investing.com – O’Reilly Automotive reported on Wednesday first quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.
O’Reilly Automotive announced earnings per share of $7.17 on revenue of $3.3B. Analysts polled by Investing.com anticipated EPS of $7.49 on revenue of $3.32B.
O’Reilly Automotive shares are down 15.13% from the beginning of the year, still down 4.73% from its 52 week high of $748.68 set on April 21. They are under-performing the S&P 500 which is down 12.22% from the start of the year.
O’Reilly Automotive shares lost 5.23% in after-hours trade following the report.
O’Reilly Automotive follows other major Consumer Discretionary sector earnings this month
O’Reilly Automotive’s report follows an earnings beat by Tesla on April 20, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.26 on revenue of $17.87B.
BYD ADR had missed expectations on March 29 with first quarter EPS of $0.0661 on revenue of $11.18B, compared to forecast for EPS of $0.2333 on revenue of $6.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
