O'Reilly Automotive (ORLY) Tops Q1 EPS by 3c; Comps Rise 3.4%

O'Reilly Automotive (NASDAQ: ORLY) reported Q1 EPS of $3.61, $0.03 better than the analyst estimate of $3.58. Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $2.28 billion. First quarter comparable store sales increase of 3.4%.

Greg Henslee, O’Reilly’s CEO, commented, “Our Team’s dedication to excellent customer service drove a 3.4% increase in comparable store sales, which was above the mid-point of our guidance for the first quarter, and our relentless focus on profitable growth translated this top-line performance into a 5% increase in operating profit dollars and a 28% increase in diluted earnings per share for the first quarter. I would like to thank Team O’Reilly for their hard work and unwavering commitment to providing unsurpassed levels of service to our customers every day and for their contributions to our ongoing success.”

GUIDANCE:

O'Reilly Automotive sees Q2 2018 EPS of $3.95-$4.05, versus the consensus of $4.02.

O'Reilly Automotive sees FY2018 EPS of $15.30-$15.40, versus the consensus of $15.46. O'Reilly Automotive sees FY2018 revenue of $9.4-9.6 billion, versus the consensus of $9.48 billion.

For earnings history and earnings-related data on O'Reilly Automotive (ORLY) click here.

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