Investing.com - O'Reilly (NASDAQ:ORLY) reported first quarter earnings that matched analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $4.05 on revenue of $2.41B. Analysts polled by Investing.com expected EPS of $4.05 on revenue of $2.44B. That compared to EPS of $3.61 on revenue of $2.28B in the same period a year earlier. The company had reported EPS of $3.72 on revenue of $2.31B in the previous quarter.
O'Reilly shares lost 7.10% to trade at $368.55 in after-hours trade following the report.
O'Reilly follows other major Consumer Cyclical sector earnings this month
On Wednesday, Stanley Black Decker reported first quarter EPS of $1.42 on revenue of $3.33B, compared to forecasts of EPS of $1.11 on revenue of $3.3B.
WW Grainger earnings Beat analysts' expectations on Monday, with first quarter EPS of $4.51 on revenue of $2.8B. Investing.com analysts expected EPS of $4.45 on revenue of $2.88B
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