O’Reilly Automotive Earnings, Revenue Miss in Q2
2022.07.28 02:22
O’Reilly Automotive Earnings, Revenue Miss in Q2
Investing.com – O’Reilly Automotive reported on Wednesday second quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.
O’Reilly Automotive announced earnings per share of $8.78 on revenue of $3.67B. Analysts polled by Investing.com anticipated EPS of $8.98 on revenue of $3.71B.
O’Reilly Automotive shares are up 15.72% from the beginning of the year, still down 7.92% from its 52 week high of $748.68 set on April 21. They are outperforming the Nasdaq 100 which is down 22.79% from the start of the year.
O’Reilly Automotive shares lost 2.42% 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 July 20, who reported EPS of $2.27 on revenue of $16.93B, compared to forecasts EPS of $1.81 on revenue of $16.54B.
Louis Vuitton ADR had beat expectations on Tuesday with second quarter EPS of $2.63 on revenue of $18.95B, compared to forecast for EPS of $2.59 on revenue of $18.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
