O’Reilly Automotive, Inc. Reports Third Quarter 2020 Results and Announces Additional $1.0 Billion Share Repurchase Authorization
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
O'Reilly Automotive (ORLY) Tops Q3 EPS by 88c, Comps Rise 16.9%; Raises Buyback by $1B
October 28, 2020 4:35 PM EDTO'Reilly Automotive (NASDAQ: ORLY) reported Q3 EPS of $7.07, $0.88 better than the analyst estimate of $6.19. Revenue for the quarter came in at $3.21 billion versus the consensus estimate of $2.98 billion.
Third quarter comparable store sales increase of 16.9%, total sales growth of 20.3%.
Today, the Company also announced that its Board of Directors approved a resolution to increase the authorization amount under its share repurchase program by an additional $1.0 billion, raising the aggregate authorization under the program to $14.75 billion.
Greg Johnson, OReillys CEO and Co-President, commented, The COVID-19 pandemic continues to present a... More
