Investing.com - O’Reilly Automotive (NASDAQ:ORLY) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
O’Reilly Automotive announced earnings per share of $7.07 on revenue of $3.21B. Analysts polled by Investing.com anticipated EPS of $6.28 on revenue of $3B.
O’Reilly Automotive shares are up 1.1% from the beginning of the year, still down 9.15% from its 52 week high of $487.70 set on July 30. They are broadly in line with the S&P 500 which is up 1.25% from the start of the year.
O’Reilly Automotive follows other major Consumer Cyclical sector earnings this month
O’Reilly Automotive's report follows an earnings beat by Tesla on October 21, who reported EPS of $0.76 on revenue of $8.77B, compared to forecasts EPS of $0.57 on revenue of $8,435M.
Sony ADR had beat expectations on Wednesday with second quarter EPS of $3.52 on revenue of $20.23B, compared to forecast for EPS of $0.96 on revenue of $18.47B.
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