O'Reilly Automotive (ORLY) Tops Q2 EPS by 21c, Offers Guidance
O'Reilly Automotive (NASDAQ: ORLY) reported Q2 EPS of $3.10, $0.21 better than the analyst estimate of $2.89. Revenue for the quarter came in at $2.29 billion versus the consensus estimate of $2.29 billion.
GUIDANCE:
O'Reilly Automotive sees Q3 2017 EPS of $3.10-$3.20, versus the consensus of $3.18.
O'Reilly Automotive sees FY2017 EPS of $11.77-$11.87, versus the consensus of $11.73. O'Reilly Automotive sees FY2017 revenue of $8.9-9.1 billion, versus the consensus of $9 billion.
The table below outlines the Company’s guidance for selected third quarter and updated full-year 2017 financial data:
| For the Three Months Ending September 30, 2017 | For the Year Ending December 31, 2017 | ||
| Comparable store sales | 1% to 3% | 1% to 2% | |
| Total revenue | $8.9 billion to $9.1 billion | ||
| Gross profit as a percentage of sales | 52.5% to 52.9% | ||
| Operating income as a percentage of sales | 19.1% to 19.5% | ||
| Diluted earnings per share (1) | $3.10 to $3.20 | $11.77 to $11.87 | |
| Capital expenditures | $470 million to $500 million | ||
| Free cash flow (2) | $830 million to $880 million |
For earnings history and earnings-related data on O'Reilly Automotive (ORLY) click here.