O’Reilly Automotive, Inc. Reports Fourth Quarter And Full-Year 2023 Results

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O’Reilly (ORLY) down on revenue miss, worse-than-expected 2024 guidance

February 8, 2024 3:56 AM EST

O'Reilly Automotive (NASDAQ: ORLY) saw its shares slide nearly 5% in after-hours trading Wednesday after the auto parts retailer issued a 2024 earnings guidance that missed analysts expectations.

For Q4, the company reported earnings per share (EPS) of $9.26, which was marginally above the predicted $9.15. Meanwhile, its revenue of $3.83 billion fell short of the anticipated $3.86 billion.

The report... More