Sneak Preview of O'Reilly Automotive, Inc. ($ORLY) 3Q20 Earnings

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O'Reilly Automotive, Inc. (NASDAQ:ORLY) is set to announce third quarter earning results on Wednesday 28th October 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, ORLY to report 3Q20 income of $ 6.19 per share.

For the full year, analysts anticipate top line of $ 11166.40 million, while looking forward to income of $ 21.63 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 10,700.00 million ~ $ 11,000.00 million, where as bottomline are predicted in a range of $ 19.03 ~ $ 19.13 per share

Click Here For More Historical Outlooks Of O'Reilly Automotive, Inc.

Previous Quarter Performance

O'Reilly Automotive, Inc. unfold income for the second quarter of $ 7.10 per share, from the revenue of $ 3,092.00 million. According to street consensus, ORLY was expected to report 2Q20 income of $ 3.91 per share from revenue of $ 2540.00 million. The bottom line results beat street analysts by $ 3.19 or 81.59 percent, at the same time, top line results outshined analysts by $ 552.00 million or 21.73 percent.

Stock Performance

Shares of O'Reilly Automotive, Inc. traded low $ -5.74 or -1.26 percent on Tuesday, reaching $ 450.22 with volume of 524.80 thousand shares. O'Reilly Automotive, Inc. has traded high as $ 460.43 and has cracked $ 449.80 on the downward trend

According to the previous trading day, closing price of $ 450.22, representing a 81.28 % increase from the 52 week low of $ 251.52 and a 6.56 % decrease over the 52 week high of $ 487.95.

The company has a market capital of $ 33.35 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.

Recent Analyst recommendations

  • On 19th October 2020, upgraded by Raymond James to Outperform from Market Perform rating

OReilly Automotive, Inc., together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories. Its stores offer auto body paint and related materials, automotive tools, and professional service provider service equipment.