O'Reilly Automotive (ORLY) Tops Q4 EPS by 13c
O'Reilly Automotive (NASDAQ: ORLY) reported Q4 EPS of $2.90, $0.13 better than the analyst estimate of $2.77. Revenue for the quarter came in at $2.19 billion versus the consensus estimate of $2.19 billion.
- 36% increase in 4th quarter diluted EPS to $3.52, includes a $0.62 benefit from revaluation of deferred income tax liabilities
- 4th quarter comparable store sales increase of 1.3%, full-year increase of 1.4%
Company sees Q1 EPS of $3.55-$3.65 and FY revenue of $9.4-$9.6 billion
1st Quarter and Full-Year 2018 GuidanceThe table below outlines the Company’s guidance for selected first quarter and full-year 2018 financial data:
| For the Three Months EndingMarch 31, 2018 | For the Year EndingDecember 31, 2018 | ||
| New store openings | 200 | ||
| Comparable store sales | 2% to 4% | 2% to 4% | |
| Total revenue | $9.4 billion to $9.6 billion | ||
| Gross profit as a percentage of sales | 52.5% to 53.0% | ||
| Operating income as a percentage of sales | 18.5% to 19.0% | ||
| Effective income tax rate | 23% to 24% | ||
| Diluted earnings per share (1) | $3.55 to $3.65 | $15.10 to $15.20 | |
| Capital expenditures | $490 million to $520 million | ||
| Free cash flow (2) | $1.1 billion to $1.2 billion |
For earnings history and earnings-related data on O'Reilly Automotive (ORLY) click here.