O’Reilly Automotive Third Quarter 2022 Earnings: Beats Expectations

O’Reilly Automotive (NASDAQ:ORLY) Third Quarter 2022 Outcomes

Key Monetary Outcomes

  • Income: US$3.80b (up 9.2% from 3Q 2021).
  • Internet earnings: US$585.4m (up 4.8% from 3Q 2021).
  • Revenue margin: 15% (in keeping with 3Q 2021).
  • EPS: US$9.25 (up from US$8.14 in 3Q 2021).
NasdaqGS:ORLY Earnings and Income Progress October twenty eighth 2022

All figures proven within the chart above are for the trailing 12 month (TTM) interval

O’Reilly Automotive Revenues and Earnings Beat Expectations

Income exceeded analyst estimates by 2.3%. Earnings per share (EPS) additionally surpassed analyst estimates by 8.0%.

Wanting forward, income is forecast to develop 5.0% p.a. on common in the course of the subsequent 3 years, in comparison with a 5.8% development forecast for the Specialty Retail business within the US.

Efficiency of the American Specialty Retail business.

The corporate’s shares are up 11% from every week in the past.

Threat Evaluation

We do not need to rain on the parade an excessive amount of, however we did additionally discover 3 warning indicators for O’Reilly Automotive (1 makes us a bit uncomfortable!) that you want to be aware of.

Valuation is advanced, however we’re serving to make it easy.

Discover out whether or not O’Reilly Automotive is doubtlessly over or undervalued by trying out our complete evaluation, which incorporates honest worth estimates, dangers and warnings, dividends, insider transactions and monetary well being.

View the Free Evaluation

This text by Merely Wall St is basic in nature. We offer commentary based mostly on historic knowledge and analyst forecasts solely utilizing an unbiased methodology and our articles should not supposed to be monetary recommendation. It doesn’t represent a advice to purchase or promote any inventory, and doesn’t take account of your goals, or your monetary state of affairs. We goal to deliver you long-term centered evaluation pushed by basic knowledge. Word that our evaluation might not issue within the newest price-sensitive firm bulletins or qualitative materials. Merely Wall St has no place in any shares talked about.

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