O’Reilly Automotive, Inc. Reports Third Quarter 2016 Results and Announces Purchase Agreement With Bond Auto Parts

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Go back to O’Reilly Automotive, Inc. Reports Third Quarter 2016 Results and Announces Purchase Agreement With Bond Auto Parts

O'Reilly Automotive (ORLY) Misses Q3 EPS by 2c, Guides Modestly Below the Street, Acquires Bond Auto Parts

October 26, 2016 4:42 PM EDT

O'Reilly Automotive (NASDAQ: ORLY) reported Q3 EPS of $2.90, $0.02 worse than the analyst estimate of $2.92. Revenue for the quarter came in at $2.22 billion versus the consensus estimate of $2.22 billion.

Third quarter comparable store sales increase of 4.2%.

Entered into definitive agreement to purchase Bond Auto Parts.

GUIDANCE:

O'Reilly Automotive sees Q4 2016 EPS of $2.44-$2.54, versus the consensus of $2.56.

O'Reilly Automotive sees FY2016 EPS of $10.58-$10.68, versus the consensus of $10.73.

OReillys President and CEO,... More