O'Reilly Automotive (ORLY) Tops Q3 EPS by 10c
O'Reilly Automotive (NASDAQ: ORLY) reported Q3 EPS of $2.06, $0.10 better than the analyst estimate of $1.96. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.86 billion.
Comparable store sales increased 6.2% for the third quarter ended September 30, 2014, versus 4.6% for the same period one year ago.
4th Quarter and Updated Full-Year 2014 Guidance
The table below outlines the Company's guidance for selected fourth quarter and updated full-year 2014 financial data:
| For the Three Months Ending December 31, 2014 | For the Year Ending December 31, 2014 | |
| Comparable store sales | 3.0% to 5.0% | 5.0% to 6.0% |
| Total revenue | $7.1 billion to $7.2 billion | |
| Gross profit as a percentage of sales | 51.2% to 51.4% | |
| Operating income as a percentage of sales | 17.3% to 17.5% | |
| Diluted earnings per share (1) | $1.60 to $1.64 | $7.19 to $7.23 |
| Capital expenditures | $390 million to $410 million | |
| Free cash flow (2) | $675 million to $725 million | |
| (1) Weighted-average shares outstanding, assuming dilution, used in the denominator of this calculation, includes share repurchases made by the Company through the date of this release. | ||
| (2) Calculated as net cash provided by operating activities less capital expenditures for the period. | ||
For earnings history and earnings-related data on O'Reilly Automotive (ORLY) click here.