O’Reilly Automotive Inc. (NASDAQ:ORLY) issued an update on its FY16 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $10.30-10.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.73. The company issued revenue guidance of $8.4-8.6 billion, compared to the consensus revenue estimate of $8.61 billion.O’Reilly Automotive also updated its Q3 guidance to $2.77-2.87 EPS.
Shares of O’Reilly Automotive Inc. (NASDAQ:ORLY) traded down 1.51% during midday trading on Wednesday, reaching $277.51. The company had a trading volume of 979,370 shares. O’Reilly Automotive Inc. has a 12-month low of $225.12 and a 12-month high of $284.66. The company has a 50 day moving average of $269.66 and a 200 day moving average of $263.36. The firm has a market capitalization of $26.77 billion and a price-to-earnings ratio of 28.61.
O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings results on Wednesday, July 27th. The company reported $2.65 earnings per share for the quarter, missing the consensus estimate of $2.68 by $0.03. During the same period in the previous year, the firm earned $2.29 EPS. The firm earned $2.18 billion during the quarter, compared to analysts’ expectations of $2.19 billion. O’Reilly Automotive’s quarterly revenue was up 6.9% on a year-over-year basis. Analysts anticipate that O’Reilly Automotive Inc. will post $10.73 EPS for the current year.
In other O’Reilly Automotive news, SVP Jeffrey Alan Lauro bought 100 shares of the firm’s stock in a transaction that occurred on Friday, May 13th. The shares were bought at an average price of $260.00 per share, with a total value of $26,000.00. Following the purchase, the senior vice president now owns 26 shares of the company’s stock, valued at $6,760. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jeffrey Lynn Groves sold 1,000 shares of O’Reilly Automotive stock in a transaction that occurred on Friday, May 20th. The shares were sold at an average price of $257.26, for a total value of $257,260.00. Following the sale, the senior vice president now directly owns 103 shares in the company, valued at approximately $26,497.78. The disclosure for this sale can be found here.
O’Reilly Automotive, Inc is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company offers its products to both do-it-yourself (DIY) and professional service provider customers. Its stores’ product line includes new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, brake system components, batteries, belts, hoses, temperature control and engine parts; maintenance items, such as filters, lighting, engine additives and appearance products, and accessories, such as floor mats, seat covers and truck accessories.