Investing.com - O’Reilly Automotive (NASDAQ:ORLY) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
O’Reilly Automotive announced earnings per share of $7.1 on revenue of $3.09B. Analysts polled by Investing.com anticipated EPS of $4.13 on revenue of $2.6B.
O’Reilly Automotive shares are up 4% from the beginning of the year , still down 1.44% from its 52 week high of $462.43 set on July 23. They are outperforming the S&P 500 which is up 0.86% from the start of the year.
O’Reilly Automotive shares lost 0.26% in after-hours trade following the report.
O’Reilly Automotive follows other major Consumer Cyclical sector earnings this month
O’Reilly Automotive's report follows an earnings beat by Tesla on July 22, who reported EPS of $2.18 on revenue of $6.04B, compared to forecasts EPS of $0 on revenue of $5.15B.
Louis Vuitton ADR had missed expectations on Sunday with second quarter EPS of $0.24 on revenue of $9.18B, compared to forecast for EPS of $1.73 on revenue of $8.42B.
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