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O'Reilly Automotive (ORLY) Reports Q4 Earnings: What Key Metrics Have to Say
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For the quarter ended December 2023, O'Reilly Automotive (ORLY - Free Report) reported revenue of $3.83 billion, up 5.2% over the same period last year. EPS came in at $9.26, compared to $8.37 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.84 billion, representing a surprise of -0.16%. The company delivered an EPS surprise of +2.09%, with the consensus EPS estimate being $9.07.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how O'Reilly Automotive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Comparable store sales - YoY change: 3.4% compared to the 3.1% average estimate based on nine analysts.
Number of stores - Total: 6,157 versus 6,154 estimated by four analysts on average.
Square footage - Total: 46.68 Msq ft versus 46.48 Msq ft estimated by four analysts on average.
Mexico Stores at End of the Period: 62 versus the three-analyst average estimate of 50.
Ending domestic store count: 6,095 versus 6,104 estimated by three analysts on average.
Sales per weighted-average store: $0.62 million compared to the $0.64 million average estimate based on three analysts.
Number of stores opened: 47 versus the three-analyst average estimate of 42.
Domestic New stores opened: 33 compared to the 38 average estimate based on two analysts.
Sales per weighted-average square foot: $81.06 million compared to the $83.03 million average estimate based on two analysts.
Total Stores at Beginning of the period: 6,111 compared to the 6,111 average estimate based on two analysts.
Shares of O'Reilly Automotive have returned +13.4% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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O'Reilly Automotive (ORLY) Reports Q4 Earnings: What Key Metrics Have to Say
For the quarter ended December 2023, O'Reilly Automotive (ORLY - Free Report) reported revenue of $3.83 billion, up 5.2% over the same period last year. EPS came in at $9.26, compared to $8.37 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.84 billion, representing a surprise of -0.16%. The company delivered an EPS surprise of +2.09%, with the consensus EPS estimate being $9.07.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how O'Reilly Automotive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Comparable store sales - YoY change: 3.4% compared to the 3.1% average estimate based on nine analysts.
- Number of stores - Total: 6,157 versus 6,154 estimated by four analysts on average.
- Square footage - Total: 46.68 Msq ft versus 46.48 Msq ft estimated by four analysts on average.
- Mexico Stores at End of the Period: 62 versus the three-analyst average estimate of 50.
- Ending domestic store count: 6,095 versus 6,104 estimated by three analysts on average.
- Sales per weighted-average store: $0.62 million compared to the $0.64 million average estimate based on three analysts.
- Number of stores opened: 47 versus the three-analyst average estimate of 42.
- Domestic New stores opened: 33 compared to the 38 average estimate based on two analysts.
- Sales per weighted-average square foot: $81.06 million compared to the $83.03 million average estimate based on two analysts.
- Total Stores at Beginning of the period: 6,111 compared to the 6,111 average estimate based on two analysts.
View all Key Company Metrics for O'Reilly Automotive here>>>Shares of O'Reilly Automotive have returned +13.4% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.